2023-08-21 07:33
Orchard Hills: 5 acre property sells $3.5m over reserve
A 5 acre property in Orchard Hills has sold $3.55m over reserve. A five acre property near Penrith has sold for $3.55m over its expected price. In what has been described by the agents as an 'electrifying auction' the property on Kent Rd in Orchard Hills sold for $15.05 million. It is a standout sale for the steady market in the area, however agents Colliers indicated that the property's significance was not solely the land size but the location opposite the Orchard Hills Metro Station, currently under construction and anticipated to open in 2026.
https://www.realcommercial.com.au/news/orchard-hills-5-acre-property-sells-35m-over-reserve
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https://www.realcommercial.com.au/news/orchard-hills-5-acre-property-sells-35m-over-reserve
#realcommercial