Multiple Lots Farrer St, Parkes NSW 2870

MASTERPLAN DEVELOPMENT OPPORTUNITY This 22.5 hectare property has been re-zoned from Rural to Residential R1 creating 351 Residential 600m2 blocks zoned R1, with masterplan approval for: - 404 houses - 80 apartments - 180 bed aged care facility - Community centre This project has been a work in progress with an accumulation of land titles over 20 years and is now ‘shovel ready’ with DA in place and on foot with major works commenced (filling in of Dams, removal of fences and old house, amalgamation of titles). Consequently there is no time clock on the DA. The site has immediate access to the area's health care (the new $72.8 million hospital opened in January 2016), shopping centres (major shopping centre 2 km away), religious facilities and easy access to major sports and cultural facilities in Parkes. LOCATION Parkes Shire is a thriving Shire located in central New South Wales, approx 360 km west of the Sydney CBD and 300 km north-west of the Canberra CBD. Literally at the 'crossroads of the nation' Parkes is at the intersection of the Newell Highway (N- S) connecting Brisbane and Melbourne and the transcontinental railway (E-W) linking the eastern seaboard to Perth, one of the most significant locations in the future of transport and logistics in Australia. Parkes’ strategic importance will be further boosted when the Inland Rail from Port Melbourne to Port Brisbane is complete. Current works are in progress on the next stage from Parkes to Narromine and the Toowoomba Range Pass is fully funded at $1.7 billion. Parkes has its own regional airport servicing Sydney which is approximately 45 minutes by air. Regional Express Airlines (REX) operates three return flights between Sydney and Parkes on weekdays. Parkes is a strong regional centre, with a growing economy. Significant investment is being made in the area fuelling growth: - $8.4+ billion - Federal government investment with Inland Rail - $1 billion - Syerstone Mine Development - $300m - First stage Inaldn Rail Parkes to Narromine - $35m - Pacific National Logistics Terminal - $3m - Airport Business Park This region is on the verge of something big! Parkes offers a wonderful affordable, healthy lifestyle for families and those looking for a 'tree change', as well as those who wish to downsize and remain within their community. This development site offers an unparalleled opportunity to meet the current and future demands of residents not just locally, but regionally. FOR FURTHER INFORMATION CONTACT EXCLUSIVE AGENT: ALAN J MARSHALL - 0418 910 100 - [email protected] Disclaimer Kairos Group for themselves and the Vendors of this property whose agents they are, give notice that: i The particulars are set out as a general outline only for the guidance of Purchasers and do not constitute an offer or contract. ii All descriptions, dimensions, references to conditions and necessary permissions for use and occupation and other details are given in good faith but any intending Purchasers should not rely on them as statements or representations of fact but must satisfy themselves by inspection or otherwise as to the correctness of each of them. In the event of inconsistency between this Information Memorandum and the Agreement for Sale of Land, the provisions of the Agreement for Sale of Land shall prevail. iii No Person in the employ of Kairos Group has any authority to make or give any representation or warranty whatsoever in relation to this property. iv Kairos Group, the Vendor and each of their associates and every person involved in the preparation of this Information Memorandum expressly disclaim any liability on any grounds whatsoever for any direct or consequential loss or damage (whether foreseeable or not) which may result from any party acting on or relying upon all or any part of the information contained in this Information Memorandum notwithstanding any negligence, default or lack of care. v The above information provided has been furnished to us by the vendor. We have not verified the accuracy of the information and do not have any belief one way or the other in its accuracy. We do not accept any responsibility to any person or entity for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries to determine the accuracy of this information. Property Code: 172