New Developments in Sydney

A DA approved mixed-use site is set to attract major interest from a range of parties after coming up for sale in Sydney&rsquo;s south-west.

The 890sqm property at 279-281 Belmore Road in Riverwood has an approved GFA of 3,443 sqm and unique approval for 33 apartments plus two retail shops.

The plans also come with 52 car spaces across three underground levels.

<a href="https://www.urban.com.au/new-apartments/279-281-belmore-road-riverwood"><img alt="" height="1240" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/279-281_belmore_road_riverwood_1.jpg" width="1754" /></a> 
Aerial shot of the location of the proposed development site at 279-281 Belmore Rd. Image supplied.&nbsp;

Located next to Riverwood Plaza, it comes with prominent 33m frontage to Belmore Road and B2 Local Centre planning, making it permissible for a range of users.

The property is exclusively listed with Trent Gallagher and Frank Oliveri from Colliers.

&ldquo;This is an extremely rare offering as it is both DA approved and within immediate proximity to Riverwood Train Station. The location is crucial as it is the gateway site into the Riverwood precinct,&rdquo; Gallagher said.

&ldquo;The approved DA adds another element to this property, as boutique development sites are in very high demand. We expect to receive strong interest that stems from the current strength of the residential market,&rdquo; Oliveri added.

The asset comes with a stable holding rental income of $82,637 per annum plus GST and is set to take advantage of an active owner-occupier purchasing market with strong population growth, on top of high rental demand, which also favours investors.

[smartcode_project_cta: project_id=6735]

The 890sqm property at 279-281 Belmore Road in Riverwood has an approved GFA of 3,443 sqm and unique approval for 33 apartments plus two retail shops.



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Mixed-use site in Sydney’s south-west to draw major interest from developers 

Auburn Square is the latest development from Tian An in Sydney&rsquo;s west, receiving development approval for six mixed-use buildings.

Located in Auburn&nbsp; which is named after&nbsp;Oliver Goldsmith&#39;s poem&nbsp;The Deserted Village.&nbsp;Auburn prides itself as one of the most multicultural communities in Australia, being home to a high percentage of immigrants from&nbsp;Afghan,&nbsp;Turkish,&nbsp;Lebanese, and&nbsp;Chinese&nbsp;backgrounds.

That means there&#39;s a range of quality cuisine and shopping options exemplifying the melting pot that is Auburn.&nbsp;There is no end of demand from home buyers and investors who want to live in Sydney&rsquo;s gentrifying inner Western suburbs.

Auburn Square sets a new benchmark for residential developments in Western Sydney, with the precinct design largely inspired by the nearby Auburn Botanical Gardens. It is home&nbsp;all aspects of life and family with lush green surrounds through the apartments, landscaping, retail precinct and public domain.

[smartcode_project:default project_id=7317 project_image_fid=79239]

Comprising a total 427 residences in one, two and three-bedroom configurations, the apartments will include nine retail and commercial suites as well as numerous amenities.

The on-site amenities include and&nbsp;expansive rooftop providing&nbsp;a generous dining experience, outdoor fitness equipment, and impressive cityscape views just to name a few.

The impressive communal rooftop garden comes complete with BBQ areas so you can enjoy a meal alfresco.

There are more than 10 new retail shops downstairs with great food and coffee at your doorstep.

Designed by Ground Ink, 2,000 sqm of green space will be featured to provide common areas between buildings and a high level of amenity for occupants and local residents.

[smartcode_project:default project_id=7317 project_image_fid=79247]

Auburn is a hub of connectivity situated in the geographical heart of Sydney. It offers great transport accessibility to business centres including Parramatta and the CBD. Walk to Auburn train station in 3 minutes or take Parramatta Road and the M4 motorway for direct and easy access further west or into the city.

A commercial area is located close to&nbsp;Auburn railway station which itself is just a 10 minute walk away. There are many multicultural restaurants and cafes.

South of the railway station, the commercial area stretches for approximately 1 kilometre and features many shops, restaurants and supermarkets, including a number of shops and restaurants specialising in&nbsp;Middle Eastern,&nbsp;Turkish&nbsp;and&nbsp;East Asian&nbsp;products and cuisine.

Nearby schools include the Sydney Adventist and Auburn Girls High.

Home buyers can enjoy a one-bedroom, one-bathroom apartment in Auburn Square for as low as $505,000, or a two bedroom unit for $600,000,&nbsp;well&nbsp;below the $730,000 median apartment price for Sydney.&nbsp;

Also within a more than reasonable price range, three bedroom homes start at&nbsp;$837,000.

Auburn prides itself as one of the most multicultural communities in Australia, being home to a high percentage of immigrants from all walks of life

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