NSW Government lists vacant blocks in Sydney's south west
The properties will be auctioned on separate days within the same week using an online portal system
Jonathan ChancellorSeptember 23, 2021
Seven vacant blocks in Sydney’s south-west have been listed be by the NSW Department of Planning, Industry and Environment.
The blocks will be sold via online auction through LJ Hooker Picton.
The properties are expected to attract strong interest due to the scarcity of vacant land, LJH agent Mal McEachern said.
"It was super rare for such large blocks to even be listed as owners usually sell direct to developers,” Mr McEachern said.
The properties – most around 2ha in size and the largest at 4.8ha - are located within the Wollondilly Shire townships of Picton, Tahmoor, Thirlmere and Douglas Park.
The largest allotment at 95 Stilton Lane, Picton, is expected to fetch around $3.1m.
The 4.8ha estate overlooks the picturesque suburb and surrounding acreage – and comes with a small vineyard.
The land, which is 5km from the town centre, is classified RU2 rural landscape and would need to be rezoned for future development.
A 2.19ha estate at Douglas Park (pictured above), listed with an auction guide of $1.25m, is expected to be popular with local upgraders as it was a premium address.
Two properties with R5 zoning at 30 Glenappe Place, Tahmoor (2.14ha), and 101 Brundah Rd, Thirlmere (2ha), are likely to attract interest from developers due to their subdivision potential.
The properties will be auctioned on separate days within the same week using an online portal system SOLD ONLINE which allows potential buyers to bid from their computer.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.