Property Information
Presenting a lucrative first mortgage investment opportunity in the thriving area of Riverstone, Western Sydney. This exceptional residential development features 121 townhouses, comprising 58 three-bedroom, 59 four-bedroom, and 4 five-bedroom units, with 31 units already pre-sold, covering 42% of the presale debt, investor confidence is evident. Currently 92% complete, with anticipated completion by November 2024. Strategically located near key landmarks such as Riverstone Railway Station, local schools, and Rouse Hill Village Centre, this development is perfectly positioned to attract families and professionals alike. The project boasts a Net Saleable Land Area of 24,158 sqm, with lot sizes ranging from 289 sqm to 618 sqm, offering diverse options for potential homeowners. This is a unique opportunity to invest in a high-demand area with strong growth potential.
Property Details
Property Type – 121 Townhouses
Land Area – 3.715 Hectares
Property Size – 58 x 3 Bedroom Units, 59 x 4 Bedroom Units, 4 x 5 Bedroom Units
Security Property Summary:
The property is a prime residential development in Riverstone, Western Sydney, covering 3.715 hectares (9.18acres) and comprising 121 townhouses (58 three-bedroom, 59 four-bedroom, and 4 five-bedroom units). Currently 92% complete, with expected completion by November 2024. With 31 units already pre-sold for a gross amount of $27,718,920, covering 42% of the presale debt, the development demonstrates strong market interest. Strategically located near Riverstone Railway Station, local schools, and Rouse Hill Village Centre, this property serves as a valuable asset, providing solid collateral for the loan and enhancing investor confidence.