Villawood renewal sees boost in Sydney’s social housing

14 December 2017

The renewal of a former Villawood social housing estate is moving ahead with a call for expressions of interest for a redevelopment that could also kick-start the revitalisation of the town centre.

Today, Family and Community Services Minister Pru Goward announced the opening of an Expression of Interest (EOI) process for mixed-tenure development of the 15,000sq m Kamira Court site.

The former estate located at 2 Kamira Avenue, in the heart of the Villawood Town Centre, adjacent to Villawood train station is just 3km south-east of Fairfield Town Centre. The 15,207sq m* vacant site, is available for redevelopment via EOI.

The release of the Kamira Court site is part of the NSW Government’s Communities Plus program that will deliver much needed, well located social housing providing social housing tenants with access to education, training and local employment as well as transport, shops and health services.

The site will be redeveloped as an integrated community of social, affordable and private housing. The social housing component (up to 30% of the total yield) will be owned by LAHC and managed by a Community Housing provider.

According to Stuart Cox, Director, Residential Site Sales at Savills Australia, who has been appointed alongside colleague Neil Cooke to sell the asset, “This an outstanding opportunity for the private or not for profit sector to redevelop a significant urban renewal site set in the heart of a well-established Sydney residential precinct in close proximity to local shops and Villawood Station.

“The project carries the potential to drive the transformation of the area into a vibrant and attractive urban hub with its own definable character and ‘soul’.

“There is a considerable shortfall of one and two-bedroom dwellings within the Fairfield LGA and whilst there are healthy levels of new development in Fairfield, there are currently no new unit developments within Villawood, an area of significant opportunity for developers,” he continued.

The invitation for Expressions of Interest closes on 7 March 2018 www.tenders.nsw.gov.au

It is intended that Respondents who are shortlisted from this EOI process will then be invited to submit a proposal as part of a Request for Proposals (RFP) in Mid 2018.

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Key Facts:

  • The current zoning with Fairfield City Council is R4 High Density Residential with a current floor space ratio of 2:1 and a current maximum building height of 20 metres
  • The Villawood Town Centre is currently the subject of an Urban Design Study recently exhibited by Fairfield City Council. The final planning controls are expected to increase the development potential and act as a catalyst for revitalisation of the Villawood Centre
  • As part of the Communities Plus program, the project will be delivered under a Project Delivery Agreement (PDA), under which Land and Housing Corporation (LAHC) will own the land throughout the delivery of the project by the successful proponent. The proponent will be required to deliver social housing dwellings and may sell or retain the private and affordable housing

*Approximate

 
 

Key Contacts

Stuart Cox

Stuart Cox

Director
Residential Site Sales

Savills Sydney

+61 (0) 2 8215 8810

 

Neil Cooke

Neil Cooke

Director
Residential Site Sales

Savills Sydney

+61 (0) 2 8215 8834