Gilbert Rd Castle Hill NSW 2154

For Sale

Gilbert Rd Castle Hill NSW 2154

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4731 m²

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1 day on the market

THE ULTIMATE HILLS SHOWGROUND PRECINCT LANDMARK: 4,731m² Premier TOD Opportunity

Positioned directly opposite the expansive green pastures of Castle Hill Showground and just metres from the Metro platform, this rare 5-lot amalgamation represents one of the precinct's most strategic development opportunities. Featuring a rare triple-street frontage, this site is primed for a landmark mid-rise residential project that bridges high-frequency transit with parkside living. 429.91m Location & Planning Analysis (De Clambe Drive Site) At 429.91m from the station platform, this site sits directly on the threshold of the 400m Tier 1 Transport Oriented Development (TOD) buffer, placing it in a unique position where both state-level TOD/Housing SEPP provisions and the precinct masterplan come into play. Masterplan Uplift: Because De Clambe Drive is part of the state-gazetted Hills Showground Station Precinct Masterplan, site-specific zoning controls (such as R4 High Density or E1 Local Centre) frequently supersede standard suburban provisions, allowing significantly higher FSRs and height limits (up to 40m-68m in key core blocks). Affordable Housing SEPP Applicability: The 20% to 30% FSR bonus under the NSW Housing SEPP still applies within the 800m catchment, providing a powerful mechanism to push building heights and density higher. Policy & Radius Thresholds 400m Buffer Dynamics: Sitting just ~30 metres outside the strict 400m Tier 1 radius, the site falls into the 400m-800m policy tier under general NSW Low and Mid-Rise provisions (baseline 1.5:1 FSR / 17.5m height). Unmatched Developer Mechanics & Yield Uplift 5 lots - 3 street frontages across the road of showground and only 347m Local E1 Zone and stroll to metro show ground metro • 1- 3 Gilbert Road frontage, 74 meter • 150 Showground Road frontage, 60 meters • 62 - 64 Kathleen Avenue frontage, 65 meters Zone R3 - in the LMR zone - Massive Amalgamated Footprint: 4,731m² consolidated land parcel across 5 lots with 199 metres of combined street frontage (Gilbert Rd, Showground Rd, Kathleen Ave). Tier 1 TOD & Housing SEPP Capacity: Located strictly inside the 400m Metro radius, unlocking maximum density and height provisions under state TOD policies. Utilizing the 20% affordable housing bonus pushes potential FSR up to ~2.4:1 (yielding up to ~11,350m² GFA / 100+ mid-rise apartments STCA). Architectural Efficiency: Triple frontages allow seamless basement vehicle access via quiet Kathleen Ave, leaving Showground Rd and Gilbert Rd for high-impact architectural elevation and unblocked solar access under the ADG. The Location: Shaping "The Life to Come" - This is a front-row seat to Castle Hill's ongoing urban transformation. The future community created here will enjoy an effortless blend of city connectivity, local commerce, and parkside tranquility: 35 Minutes to Sydney CBD: A short 400m walk to Hills Showground Metro Station provides rapid, high-frequency access to Norwest (5 mins), Chatswood (20 mins), and Barangaroo/Martin Place. Doorstep Local Hub: Located directly opposite the emerging E1 Local Centre, giving residents immediate access to ground-floor retail, curated dining, and essential services without needing a vehicle. An Unrepeatable Gateway Project - Capitalize on the Hills District's overwhelming demand for premium, transit-oriented living. With versatile site geometry, statutory density bonuses, and an unrepeatable green-facing position, this flagship site is built for maximum Gross Realisable Value (GRV). For full IM, planning analysis, and site inspection details, contact the listing agents today. FSR & YIELD POTENTIAL ANALYSIS 1-3 Gilbert Rd, 150 Showground Rd & 62-64 Kathleen Ave, Castle Hill With a verified distance of strictly under 400m (398.42m) to the Hills Showground Metro platform, this 4,731m² amalgamated site unlocks maximum density provisions under the Tier 1 Transport Oriented Development (TOD) and Low and Mid-Rise Housing policies. Coupled with the NSW Housing SEPP (In-fill Affordable Housing) bonuses, the site provides multiple highly lucrative development pathways. SITE FUNDAMENTALS Total Site Area: 4,731 m² Zoning: R3 Medium Density Residential Metro Proximity: < 400m (Tier 1 TOD overlay activated) Height Limit Baseline: 21m (~6 storeys) Height with Max Bonus: Up to 25m+ (~7-8 storeys) STCA DEVELOPMENT SCENARIOS & YIELD MATRIX SCENARIO A: Standard TOD Mid-Rise (No Affordable Housing) Utilising the state-led TOD baseline provisions for sites within 400m of a high-frequency metro station. Applicable FSR: 2.0:1 Potential Gross Floor Area (GFA): ~9,462 m² Indicative Yield: 95 - 105 Apartments Target Market: 100% Market-Rate Sales (Downsizers, Professionals, Investors) SCENARIO B: TOD + 20% Affordable Housing Bonus (Optimal GRV) Allocating 10% of total GFA to community-managed affordable housing for 15 years triggers an automatic 20% uplift in both FSR and Height. Applicable FSR: 2.4:1 Potential Gross Floor Area (GFA): ~11,354 m² Indicative Yield: 115 - 125 Apartments The Breakdown: ~113 market-rate apartments + ~12 affordable housing apartments. Advantage: Substantially increases the total net saleable area (NSA) and profit margin, easily offsetting the 10% affordable housing allocation. SCENARIO C: TOD + 30% Affordable Housing Bonus (Maximum Density) Allocating 15% of total GFA to community-managed affordable housing for 15 years triggers an automatic 30% uplift in both FSR and Height. Applicable FSR: 2.6:1 Potential Gross Floor Area (GFA): ~12,300 m² Indicative Yield: 125 - 135 Apartments The Breakdown: ~115 market-rate apartments + ~20 affordable housing apartments. Advantage: Ideal for Build-to-Rent (BTR) operators or developers seeking to maximize scale and long-term holding yields. KEY YIELD DRIVERS & EFFICIENCIES Triple-Street Frontage (199m): Dramatically reduces subterranean construction costs. Basement excavation, shoring, and vehicle ingress/egress can be highly optimized via Kathleen Ave, avoiding arterial road engineering complexities. Parking Rate Relief: TOD provisions mandate significantly reduced minimum parking ratios for sites within 400m of the Metro, drastically cutting basement depth requirements and saving millions in excavation costs. High-Efficiency Floorplates: The expansive, regular geometry of the 5-lot amalgamation allows for highly efficient core placements, maximizing the ratio of Net Saleable Area (NSA) to Gross Floor Area (GFA). Uninterrupted Solar Access: With the RE1 Public Recreation zone directly opposite, the primary northern/western facades will achieve effortless compliance with the Apartment Design Guide (ADG) solar access requirements, allowing for denser internal configurations. 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.