CENTURIA BASS FUNDS STRATEGIC MOVE IN SYDNEY’S PRIORITY GROWTH CORRIDOR
May 2023
Centuria Bass Credit has financed the acquisition of a development site in the pre-zoned location of Orchard Hills, a priority urban release area in the Western Sydney region. Building on an established and trusted relationship with the broker and borrower, Centuria Bass responded quickly to this strategic opportunity for the borrower to secure a 5-acre parcel of land only 400 meters from the future Orchard Hills metro station. The station is one of six new stations currently under construction on the Western Sydney Airport Metro Line due to open in 2026, and will be the heart of a future residential, commercial, and mixed-use precinct.
The deal exemplifies Centuria Bass’ ability to support a borrower’s vision, act with speed and provide the flexibility to back pre-zoned land in key growth corridors.