The White Report | September 2022 | Page 83

PITT STREET & TERMINAL PLACE , MERRYLANDS NSW Sale price : $ 75 million Agents : Peter Vines and Victor Sheu - Ray White Commercial Western Sydney NSW Sale date : 15 November 2021 Sale process : Expressions of Interest Land area : 21,480sqm *
This site was situated adjacent to the railway station and is located in the epicentre of Merrylands town centre , serviced by the local retail hub as well as Stockland shopping centre . The site was DA approved for 365 units and had a proposed 647 additional units .
“ The property was sold with a seven day settlement which is incredibly unique for a property of this size . We also had every major Western Sydney builder developer bid on the site ,” Pete said .
83