Introducing an exceptional opportunity in the Western Sydney Lakes Growth area!
Discover these two remarkable parcels of land, spanning approximately 4439m2 & 4442m2 respectively, ideally situated close to Castlereagh village and surrounded by the desirable neighbourhoods of Yarramundi, Agnes Banks and Cranebrook and close to Penrith, Londonderry, Llandilo and Windsor. Whether you're an astute investor or a visionary developer seeking a lucrative land banking prospect, this property offers immense potential. There may even be the opportunity to build your Dream Home, with council approval being required under the RU4 zoning.
Key Features:
Further information on the Lakes can be found at link following.
https://www.westernsydneylakes.com.au/
Presently zoned as RU4.
For further details please reach out to Rex Ellison.
Auction set for 5th August 2023
The size of Castlereagh is approximately 32.1 square kilometres. It has 6 parks covering nearly 7.7% of total area. The population of Castlereagh in 2016 was 1171 people. By 2021 the population was 1248 showing a population growth of 6.6% in the area during that time. The predominant age group in Castlereagh is 0-9 years. Households in Castlereagh are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Castlereagh work in a trades occupation.In 2021, 79.70% of the homes in Castlereagh were owner-occupied compared with 79.10% in 2016.
Castlereagh has 515 properties. Over the last 5 years, Houses in Castlereagh have seen a 37.40% increase in median value, while Units have seen a -6.59% decrease. As at 30 November 2025:
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