Chinese-backed company to develop in Cobbitty, Bringelly, Oran Park area
A property company mostly backed by Chinese investors, has outlined plans to build thousands of homes, with shops, schools and open spaces in the semirural southwest Sydney region.
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A property company mostly backed by Chinese investors has outlined plans to deliver several thousand homes in the Cobbitty area and surrounds.
The Australian-listed Boyuan Holdings Limited (BHL), the leading proponents behind Western Sydney Aerotropolis’ Northern Gateway City, has interests in four properties — spreading across about 180ha — bordering The Northern Rd.
Several thousand homes, shops, schools and open spaces are planned in the communities, which are part of the South Creek West land release.
BHL spokesman Adam Pearce said the company was pursuing a number of development opportunities in southwest Sydney.
“BHL is progressing plans for several key developments in southwest Sydney, where there continues to be strong housing demand,” Mr Pearce said.
“Our focus is on high-growth corridors where there is access to new and existing infrastructure.”
Oxley Ridge Cobbitty, located at 421C The Northern Rd, is one of BHL’s projects and is marketed as southwest Sydney’s newest village.
House and land packages are being advertised from $575,000 for the masterplanned village.
A subdivision application for 317 residential lots, to be part of Oxley Ridge Cobbitty, is yet to be determined by Camden Council.
Mr Pearce said plans for 128 homes are also progressing at 621 The Northern Rd, Cobbitty.
“This is intended to be the first stage of a substantial high-quality residential and commercial community,” Mr Pearce said.
BHL’s website says the company brings a unique perspective to the Australian market.
“Our ambition is to create and deliver market-leading, quality residential and commercial communities where Australians live and work,” the website states.
“We’re developing a strong land bank of development opportunities in high-growth corridors, with strong housing demand supported by existing and proposed infrastructure.”
The ASX-listed property developer is leading a consortium, which includes Scentre Group, Western Sydney University, logistics firm LOGOS and neurosurgeon Charlie Teo, with a view to developing the 344ha Northern Gateway City.
The city, described as “the jewel in the crown”, is located in the Western Sydney Aerotropolis.
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