CorVal 56 Byron Road Trust
56 Byron Road, Leppington NSW 2179
Property Information
| Property | 56 Byron Road, Leppington NSW 2179 |
| Commencement | April 2018 |
| Land Size | 24,282 sqm |
| Purchase Price | $7.9m |
| Target Equity IRR | 20%+ |
Growth Corridor development opportunity.
The CorVal 56 Byron Road Trust is an unlisted property trust established for the purpose of acquiring a six-acre block of land in Sydney’s South West Growth Centre Precinct, zoned for residential development.
Since commencement in April 2018 the Trust has applied for and received the required Development Approval to allow the Property to be subdivided, serviced and sold down into 44 individual residential lots. All of the lots have been sold with 37 settled and 7 exchanged, pending settlement.