Safe haven investment on the market in booming Liverpool region
A block of 12 units In Liverpool is on the market, expected to a premium price due to current economic conditions and the surge in invest around Liverpool LGA.
Thomas Mosca and Nick Estephen are selling the 1,675 sqm estate, at 36 Remembrance Avenue in Warwick Farm, which has an R4 High Density Residential zoning with development potential to capitalize on the demand for growth in the South West region.
“36 Remembrance Avenue is a COVID proof, multi-dwelling housing investment,” said Thomas Mosca, Associate Director, Investment Services at Colliers.
The development site with holding income is in Liverpool’s booming CBD, closely located to the Western Sydney Airport. The property also benefits from being 900m to Liverpool Hospital which is benefitting from a new $740 million injection to be a leading health and academic precinct.
The property is located on the fringe of Liverpool CBD which is seeing incredible growth due to recent investments from Meriton, Aland, and a self-injection of capital from Liverpool Council who are steaming ahead with the build of their new head quarters ‘Civic Place’.
“Investors are hungry for ‘COVID Safe’ assets which are not impacted by any future pandemics and residential accommodation is always in hot demand,” said Thomas Mosca.
Liverpool is now the closest CBD to the NSW Government’s newly announced aerotropolis city, Bradfield. Liverpool is set to be the backbone driving and supporting the growth of the new economy in Western Sydney Aerotropolis region.
Nick Estephen, Manager, Investment Services at Colliers said, “This is an investment which is suitable for every type of property buyer, including, investors, developers and strata dealers.”
By the end of 2021, South West Sydney’s population will exceed more than 1 million people and is set to grow by 2.1 percent every year.
The property will be Auctioned On-Site on 24th April 2021 at 10:30am.