This article is from the Australian Property Journal archive
DIVERSIFIED developer Stockland has put the historic Clydesdale Estate in Marsden Park on the market, just days after launching a new residential project in the north west Sydney suburb.
Situated on 151 hectares of open pasture land in Marsden Park, Clydesdale Estate offers an opportunity for buyers to create a go-to destination for significant events, weddings and special occasions, and short-term accommodation as well as recreation and hospitality offerings.
At the heart of the property is the charming 1820s Clydesdale House, which has potential for a wealth of uses, while the nearby stables provides a glimpse into Sydney’s history.
Stockland acquired the Clydesdale Estate precinct from BHL Group in 2021. The precinct is zoned for residential use and sits adjacent to Stockland’s Elara master-planned community, where it has just launched a new project. At the time, the acquisition was anticipated to add 340 new lots to its portfolio, and Stockland said it would will restore the Clydesdale House heritage precinct. The homestead has in the past been a Marist seminary, a country retreat for Sydney Mayor John Hardie, and as a dairy farm.
Clydesdale Estate is now listed for sale through the Colliers team of Frank Oliveri, Jordan McConnell and Gracian Marando on behalf of Stockland.
“Situated next to Stockland’s residential estate Elara, the possibilities are seemingly endless, with scope to include a food and beverage destination, orchards, gardens, walking and cycling paths, on top of the luxury accommodation and boutique venues for special occasions,” Oliveri said.
Marsden Park has experienced rapid transformation over the past few years. Elara caters to the region’s new residents, while connectivity has also improved in the form of the North West Metro line and the proposed Western Sydney airport line, as well as the M2 and M7 Motorways and planned M9 Outer Sydney Orbital.
Clydesdale Estate is for sale via expressions of interest closing Tuesday, 5th March.
Stockland closed out 2023 with a $1.3 billion deal with Lendlease, which will see Stockland partner up with Thai investor Supalai Pcl to take control of 12 master-planned communities across the country.
