With all the property developments happening in the area, it is quite clear that the future of Campbelltown-Macarthur is looking prosperous, despite the impact of COVID-19, with both residential and commercial developments progressing rapidly in the area.
So what may 2040 look like you might ask? Across the next 20 years, the State Government envisions a potential 57,000 homes across 12 precincts including Glenfield, Macquarie Fields, Ingleburn, Minto, Leumeah, Campbelltown, Macarthur, Glenlee, Menangle Park, Gilead, North Appin and Appin. Further, earlier this month Planning Minister Rob Stokes formally declared the region a growth area.
“This is the next stage of a plan to transform southwest Sydney from a series of commuter suburbs to a coherent centre full of jobs, culture, public spaces, green and open areas,” Mr Stokes said.
While the final touches on Macarthur Heights are being completed, there are multiple new estates popping up such as Arcadian Hills in the suburb of Cobbitty, Silverdale Ridge which is halfway between Macarthur and Penrith and a new estate called Vulcan Ridge Estate in Leppington. Mirvac is also developing a new estate called Crest in Catherine Fields.
On the commercial front, there is a fair amount of vacant commercial land for sale in Gregory Hills, along Turner Road and a new commercial estate being built in Wilton, next to the residential suburb of Bingara Gorge. A new precinct is due for completion in August on Lasso Road, Gregory Hills.
The development of the area includes the delivery and implementation of infrastructure, transports, utilities and parks alongside new jobs and homes.
With all the developments happening in and around the area, it is vital to have access to a knowledgeable Commercial Property lawyer. Commercial property requires timely advice and prompt service, the Commercial property lawyers at Coleman Greig understand both the urgent nature of the business and the need for creativity and lateral thinking when identifying potential solutions.
Over the years, the team has represented government departments and agencies, private companies (including subsidiaries of multinational companies and national retailers), major property developers, utility companies, and small owner/developers on a wide range of issues – ensuring clients’ needs are dealt with promptly and efficiently in every case.
For more information, or to make an appointment visit our Campbelltown-Macarthur office. Please do not hesitate to contact us on +61 2 9895 9200 or visit our website.
