46-54 Court Road and 356-358 The Horsley Drive Fairfield, NSW 2165

Ray White Commercial and CBRE have been appointed by Jonathan Henry, Barry Kogan, Jason Ireland and Jason Preston from McGrathNicol in their capacity as Receivers and Managers of Persephone Company Pty Ltd (Receivers and Managers Appointed) as mortgagee exercising their power of sale, to market this DA approved mixed use development opportunity at 46-54 Court Road & 356-358 The Horsley Drive, Fairfield (the Site).

The Site's existing DA approval for an 8-storey residential flat building totalling some 290 apartments plus retail represents the largest residential development proposed in the Fairfield City Centre. Coupled with the Site's exceptional position, this provides developers and builders the opportunity to set the benchmark for mixed use opportunities in the precinct.

Fairfield is well-serviced by public transport. Fairfield Train Station forms part of the T5 Leppington line, connecting Fairfield to the Parramatta and Sydney CBDs in 15 minutes and 45 minutes respectively. Multiple local bus services are available throughout Fairfield, providing local access to the Sydney CBD, Parramatta, the Inner West and South-West Sydney.

Key highlights of the site include:

• DA approved for 290 units + retail across 4 buildings
• Site area of 9,233 sqm*
• Approved GFA of 26,354 sqm* (Residential) + 1,413sqm* (Retail)
• Zoned B4 Mixed use
• 400m* to Fairfield Train Station
• 7Km* to Liverpool CBD and 7.5km* Parramatta CBD
• Growth prospects of Fairfield and in conjunction with limited supply

This development opportunity is for sale via Expressions of Interest closing on Wednesday 9th of June 2021 at 4pm (AEST).

All Expressions of Interest are to be submitted in writing, in the approved form.

For further information or a copy of the due diligence material please contact the exclusive selling agents.

*Approx.
^Subject to s4.53 of the EPA Act 1979 (NSW)