For Sale

3 Gilbert Rd, Castle Hill, NSW, 2154

Guide $16,500,000

4
2
2
4731 m²

House

•

30+ days on the market

What's around 3 Gilbert Rd

R3 -LMR site 4,731m² Premier Location

4,731 m² Consolidated Footprint | Triple-Street Frontage • 2.5 Years settlment Option and • Staged reduced deposit release across 2 years Positioned directly opposite the expansive green pastures of Castle Hill Showground and just moments from the Metro platform, this rare 5-lot amalgamation represents one of the precinct's premier development opportunities. Boasting an unrepeatable triple-street frontage, the site offers extraordinary versatility for developers-primed either for a landmark mid-rise residential project bridging high-frequency transit with parkside living, or a high-margin, low-risk boutique luxury townhouse community. Key Site Fundamentals Total Consolidated Land: 4,731 m² across 5 regular lots Combined Street Frontages (199m): 1-3 Gilbert Rd (74m), 150 Showground Rd (60m), 62-64 Kathleen Ave (65m) Current Zoning: R3 Medium Density Residential & LMR Flexible Development Pathways & Yield Potential Pathway 1: Boutique Luxury Townhouses / Terrace Homes Concept Yield: ~17 Executive 3-to-4-bedroom Torrens/Strata Title Terrace Homes (STCA) Target Market: High-net-worth owner-occupiers, local downsizers, and families seeking luxury parkside living. Developer Advantage: Lower capital expenditure and staging potential, minimal subterranean excavation costs, strong local market demand for landed homes, and rapid sales absorption. Pathway 2: Standard TOD Mid-Rise (No Affordable Housing) Applicable FSR: 2.0:1 Gross Floor Area (GFA): ~9,462 m² Indicative Yield: 95-105 Apartments (100% Market-Rate Sales) Pathway 3: TOD + 20% Affordable Housing SEPP Bonus (Optimal GRV) Applicable FSR: 2.4:1 (Requires 10% GFA as affordable housing for 15 yrs) Gross Floor Area (GFA): ~11,354 m² Indicative Yield: 115-125 Apartments (~113 Market-Rate + ~12 Affordable) Developer Mechanics & Site Advantages Triple-Street Frontage: Access via quiet Kathleen Ave optimizes basement ingress/egress while keeping main facades on Showground Rd and Gilbert Rd focused on high-impact architectural street presence. Parking Ratios & Construction Savings: Tier 1 TOD provisions provide reduced minimum parking requirements, drastically reducing excavation depth and structure costs. Uninterrupted Light & ADG Compliance: Positioned opposite the RE1 Public Recreation zone, northern and western aspects benefit from permanent open vistas and effortless Apartment Design Guide solar access compliance. Future Planning Upside: Located within the gazetted Hills Showground Precinct Masterplan boundary, providing additional long-term statutory density mechanisms. Location & Lifestyle Hub Rapid Connectivity: < 400m walk to Hills Showground Metro Station (Norwest: 5 mins, Chatswood: 20 mins, Sydney CBD: ~35 mins). Doorstep Commerce: Positioned directly opposite the emerging E1 Local Centre for seamless access to retail, dining, and daily amenities. For a full Information Memorandum, detailed planning documents, or to arrange a site inspection, contact the listing agents today. Disclaimer: All floor space ratios, gross floor areas, and dwelling yields are indicative only and Subject to Council Approval (STCA). Prospective purchasers must rely on their own independent town planning and architectural advice. All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own inquiries and verify all relevant details for their accuracy, effect and currency. 3D Images used in marketing are artist impression and to be used as a inspirational guide only. All suggested buildings layouts and indication of land potential is STCA and do not constitute a fact but merely a indication of potential.

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