Flagship development site: The Stockyards of Camden to transform the area
Taking inspiration from development sites such as The Grounds in Alexandria, Hive Byron Bay and Habitat Byron Bay, The Stockyards of Camden has been designed, and will be built, with the intention of creating a unique destination centre that serves the community and pays homage to Camden’s rich history.
Camden’s single largest mixed-use parcel of land is now available as Colliers in conjunction with Inglis Property Macarthur brings the site at 30-34 Edward Street, Camden, to market this week.
“This exciting opportunity provides investors with the chance to capitalise on a rare flagship project, The Stockyards of Camden, an exceptional concept development likened to The Grounds of Alexandria incorporating an abundance of retail and lifestyle offerings to suit the unique culture of Camden CBD,” Nick Estephen of Colliers explains.
“Camden has continuously benefited from very strong economic growth and The Stockyards of Camden is situated at the entry of Camden Town Centre in Sydney’s South-West, approximately 50 kilometres South-West of Sydney CBD and 20 kilometres South of the future Western Sydney Airport.
As a rapidly growing area with a population forecasted to grow to 233,950 by 2036, Camden contains a mix of agricultural land, country towns and villages, new residential areas, commercial and industrial development. In the context of the Western Sydney Airport, Camden offers unique opportunities presented by urban development and population growth.
The site offers 2.82 hectares of land and the prospect of a diverse mix of tenancies across all sectors with its flexible B4 mixed-use zoning. With a proposed Gross Floor Area of 15,384m2, the potential annual income is estimated to be $6.2 million per annum.
“Benefiting from a generous holding income to Jim Hindmarsh & Son, the property provides great connectivity with surrounding amenities and arterial roads, linking to numerous growth precincts such as the South West Growth Area and Greater Macarthur Growth Area, and will be a key attraction for tourism to Camden,” Anthony Rees of Inglis Property Macarthur says.
The property currently houses the cattle sale yards, which consists of three buildings along Edwards Street, a two-level office building, the stock selling centre and the Stockyard Café. The property is leased to Jim Hindmarsh & Son who run the cattle sale yards, the net income on this tenancy is $150,000 per annum.
The Stockyards of Camden is being offered via an International Expression of Interest campaign, closing on Wednesday the 20th of October 2021.