Monday, 18 July 2011

Leppington. Stockland buys 339 hectares

Stockland has bought 339 hectares of land to develop in the East Leppington precinct with an estimated end value of over $1 billion. The purchase, announced in June, comprises a significant portion of the East Leppington precinct, a proposed new suburb, which has not yet been released for planning. The site is 1.5 kilometres from the proposed Leppington train station and is on the east side of Camden Valley Way. A spokesman for the Department of Planning and Infrastructure said a release date has not been set. He said the site was expected to include about 3000 new dwellings to house about 8000 people when fully developed and may include two or three neighbourhood centres.



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