70 Eaton Road, Luddenham, is a 16.5 acre estate steeped in Sydney history. After 152 years of ownership, the Eaton family has decided to sell the property in line with the significant re-development of the area. The new Agribusiness ‘AGB’ rezoning, combined with a unique position directly adjacent the Western Sydney International Airport and Experience Centre, opens up a raft of investment options.
“This is an extraordinary opportunity to gain access to a super-prime landholding with direct access to the International Airport, Experience Centre and The Western Sydney Aerotropolis via The Northern Road,” Thomas Mosca explains. “The AGB rezoning, means highly sought-after land is now available for agribusiness hubs.”
The type of businesses permitted within this unique zoning category include: Integrated Logistics Hub; Agriport; Integrated Intensive Production Hub; Australia Centre of Excellence Food Innovation; Fresh Product and Value Added Food Pharma Hub.
The sought-after location in the heart of the Western Sydney Aerotropolis provides immediate access to Sydney’s planned third city centre, Bradfield. The NSW Government has committed $1.15 billion to local development and infrastructure, with 70 Eaton Road located just over 4.5 km from the future city centre.
Over a four-year period the funding will see basic infrastructure implemented across the 114-hectare site to attract private investment from major manufacturing and engineering firms. Along with the Metro Station, the government is targeting on opening by 2026 –in line with the completion of the Western Sydney Airport.
“On the market for the first time in 152 years, this is an unprecedented opportunity to gain access to land adjoining the Western Sydney Airport,” Nick Estephen explains. “We are seeing demand grow for the area as we get closer to the airport opening and investors wanting to secure property for the future. While there are no direct comparables for a landholding of this scale in the area, we envisage interest over the $10 million mark.”