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A 17.28-hectare greenfield site at 16 Terry Road in Sydney’s rezoned Box Hill precinct has been listed for sale. The land is expected to yield about 240 residential lots and supports detached homes, townhouses, and apartments under its current zoning.
10:39 PMPropertymarkets NewsThe penthouse in Level 33’s boutique development Elan Kiama sold for $6 million, setting a new apartment price record for Kiama. The sale resets the top end pricing reference point for the local prestige apartment market.
9:57 PMPropertymarkets NewsSummary
A 17.28-hectare greenfield site at 16 Terry Road in Sydney’s rezoned Box Hill precinct has been listed for sale. The land is expected to yield about 240 residential lots and supports detached homes, townhouses, and apartments under its current zoning.
Why it matters
The transaction will set a benchmark for rezoned greenfield land values and shapes how quickly new housing supply can be delivered in Sydney’s north west.
Summary
The penthouse in Level 33’s boutique development Elan Kiama sold for $6 million, setting a new apartment price record for Kiama. The sale resets the top end pricing reference point for the local prestige apartment market.
Why it matters
A new record comp can pull up expectations and feasibility for future high-end apartment projects in Kiama and nearby coastal markets.
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