84 Housing lots
Affordable housing options
Walking distance to schools and shops
Next to Sydney's newest train station
98% pre-sold prior to settlement
Leveraging long-established relationships, Seed Projects were able to successfully target and acquire this key site in the North Austral Precinct ahead of the market. This was the first estate established in the Precinct setting the benchmark for quality development in the area.
The timing of the acquisition was such that Seed Projects were able to secure the site at a value that allowed an immediate and substantial increase in shareholder equity. Making it a very attractive investment opportunity for both equity and debt providers.
There were substantial planning restrictions and existing commercial operations that effectively precluded development. Seed successfully navigated approval with the various authorities unlocking the development of the entire North Austral Precinct.
Seed Projects ultimately out performed the market by delivering on time and selling at a premium price.