Owners who refuse to join a $ 60 million deal in Baulkham Hills

Two carefree owners could ruin an ambitious plan for 26 neighbors in Baulkham Hills, Sydney, who hope to sell their homes to developers as a big "super-site". for $ 60 million.

Two carefree owners could ruin an ambitious plan of 26 neighbors who hope to sell their homes to developers as a great "super-site".

The entire 1.9823 square meter neighborhood in Baulkham Hills, in northwest Sydney, is in the market for the development of skyscrapers at $ 60 million.

The sale price of the site "Hillsviews Central" of almost two hectares would result in residents at $ 2.3 million each, twice the average value of the area of ​​$ 1.15 million.

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Two carefree owners could ruin an ambitious plan for 26 neighbors in Baulkham Hills, Sydney, who hope to sell their homes to developers as a big "super-site". for $ 60 million.

Two carefree owners could ruin an ambitious plan for 26 neighbors in Baulkham Hills, Sydney, who hope to sell their homes to developers as a big "super-site". for $ 60 million.

However, the prospect of doubling their money was not enough to attract two owners on the busy main road of the site to sign the ambitious plan.

The 82-year-old owner and her daughter have lived at 389 Windsor Road for nearly 50 years and have refused to be expelled.

"We are not interested in being part of this at this time and they can not make us," the daughter told Daily Mail Australia from the balcony of her red brick mall.

"This is our home, we've been here since before the mall was built, when it was all land and you could see sheep and goats grazing in the fields."

The defiant resident, who has lived in the house since she was a child, hit her 26 neighbors by repeatedly trying to involve her.

"We have had many people who harass us when we have been clear that we are not ready to sell and we want them to leave us alone," he said.

The 82-year-old owner and her daughter have lived at 389 Windsor Road for nearly 50 years and have refused to be expelled.

The 82-year-old owner and her daughter have lived at 389 Windsor Road for nearly 50 years and have refused to be expelled.

The 82-year-old owner and her daughter have lived at 389 Windsor Road for nearly 50 years and have refused to be expelled.

The Super Amalgamated Site & # 39; It is the result of a one-year agreement between the neighbors, who expect to obtain more than $ 60 million for the agreement.

The Super Amalgamated Site & # 39; It is the result of a one-year agreement between the neighbors, who expect to obtain more than $ 60 million for the agreement.

The Super Amalgamated Site & # 39; It is the result of a one-year agreement between the neighbors, who expect to obtain more than $ 60 million for the agreement.

It's our right not to sell and we will not be pressured to do so. My mother is very sick and we do not need this & # 39;

She said that she and her elderly mother were not satisfied with the conditions that were presented to them and that they did not want to take the first offer.

"It's like they enter the yard of a car and ask them to buy the first car they see." You want to compare prices to get the best price, "he said.

"We have not said" no, never ", only that it is not the right time for us."

The other rival is 411 Windsor Road, whose neighbors said the owner wanted to sell as soon as possible and not wait for the super site to find a buyer.

The other rival is 411 Windsor Road, whose neighbors said the owner wanted to sell as soon as possible and not wait for the super site to find a buyer.

The other rival is 411 Windsor Road, whose neighbors said the owner wanted to sell as soon as possible and not wait for the super site to find a buyer.

The sale price of the site of almost two hectares & # 39; Hillsviews Central & # 39; would generate revenues of $ 2.3 million each, twice the average value of $ 1.15 million in the area

The sale price of the site of almost two hectares & # 39; Hillsviews Central & # 39; would generate revenues of $ 2.3 million each, twice the average value of $ 1.15 million in the area

The sale price of the site of almost two hectares & # 39; Hillsviews Central & # 39; would generate revenues of $ 2.3 million each, twice the average value of $ 1.15 million in the area

She said they could reconsider the idea if the area was rezoning from medium to high density development, as the union expected, and faced the prospect of multi-story towers around their home.

The elderly owner was also determined to stay in the house in which he had lived for most of his adult life.

& # 39; I do not want to be pushed. We never said no, but we want to wait, "he said.

No one was home at 411 Windsor Road, a small one-story house with no cars in the driveway and construction debris and cans of paint scattered across the front yard.

The neighbors said that the owner was renovating the house, which had recently been painted blue, and they expected to sell it sooner rather than later.

They said that the owner, who used the house as an investment property, was not willing to wait until the big business materialized, which could take years.

Garrick Small, 65, happily joined his neighbors in hopes of a comfortable retirement

Once the agreement was reached and his house was sold (pictured) in Dobson Crescent, he was considering joining his children in Wagga Wagga in the NSW country.

The land under both holdout houses was valued for the last time at less than $ 90,000 in 1996, but with the arrival of the new rail line they skyrocketed.

However, some owners feared that holdouts could scare developers who were not willing to deal with the headache of building around them.

There were even concerns that planning regulations would ruin the deal by preventing floors from being built next to them.

Hills Shire made no comment when asked about these possible problems, saying that any development application would be evaluated "on its own merits."

The planning documents of the council indicate that the apartment blocks should not be more than four stories high, they should be 12 meters from other buildings and evaluate the impact of the shadows.

On the other side of the neighborhood, Garrick Small happily joined his neighbors in the hope of a comfortable retirement.

The 65-year-old man bought the house at Hobson Crescent in 2004 for less than $ 600,000 and got up to make a generous nest of the sale.

"I accept that the change has to happen in a growing city like Sydney and resisting is stupid," he told Daily Mail Australia as he sat in the sun on his balcony.

"Even if I was not looking to sell, I'd like to leave before the apartment buildings rise around me."

Some owners feared that holdouts could scare developers who were not willing to deal with the headache of building around them.

This magnificent old house, which currently houses a hearing clinic, is scheduled for demolition along with the other 25 houses if the big sale is made

This magnificent old house, which currently houses a hearing clinic, is scheduled for demolition along with the other 25 houses if the big sale is made

This magnificent old house, which currently houses a hearing clinic, is scheduled for demolition along with the other 25 houses if the big sale is made

Mr. Small said he was "old enough to have heard big promises before" and that he was happy to stay at home while his neighbors negotiated the best deal.

He was worried that the two holdouts could scuttle the deal, but he was prepared to last longer to maximize the payment.

"I could get mad at that, but as long as the deal is made it will eventually be fine," he said.

Once the deal was completed, he was considering joining his children in Wagga Wagga, in the country of NSW, for a quiet retirement.

Residents believe that combining the properties in a larger block will increase the chances of it being rezoned for a high density life.

Real estate agent Colliers said residents were looking to do at least double & # 39; what they would do if the properties were sold individually

The sales process was expected to last between 12 and 24 months, and residents knew that they would probably have to wait longer to sell.

The sales process was expected to last between 12 and 24 months, and residents knew that they would probably have to wait longer to sell.

The sales process was expected to last between 12 and 24 months, and residents knew that they would probably have to wait longer to sell.

Neighbors also expect to get more money for the group business than for individual sales.

Ann Papa, the head of the 26 residents, spent the past year seeking support among her neighbors for the ambitious plan.

"I do not think we're greedy, we just think he'll probably give us the best opportunity," he told Domain.

The long-term resident of Baulkham Hills witnessed first hand the change that caused the new development.

The area should be rezoned from medium density R3 to high density R4 to make the site an attractive prospect for developers building apartment blocks

Baulkham Hills is a hive of new developments proposed with a new railway line that will cross the area in the coming years

Baulkham Hills is a hive of new developments proposed with a new railway line that will cross the area in the coming years

Baulkham Hills is a hive of new developments proposed with a new railway line that will cross the area in the coming years

Many owners feel that change is inevitable as Sydney grows and taking advantage of the demand for new developments around train stations that make sense

Many owners feel that change is inevitable as Sydney grows and taking advantage of the demand for new developments around train stations that make sense

Many owners feel that change is inevitable as Sydney grows and taking advantage of the demand for new developments around train stations that make sense

He decided to join forces with his daughter and son-in-law who lived next door and sold the properties together.

After thinking it was a good idea, they started asking to see if other neighbors were interested, and they were.

Ms. Papas said they got the consensus from the residents that they were interested, and the one-year negotiations started from there.

Colliers investment services manager Tom Appleby said residents were looking to do at least double & # 39; what they would do if the properties were sold individually.

The posters announcing the big sale rose this week in the midst of a media and publicity bombing to arouse the interest of developers

The posters announcing the big sale rose this week in the midst of a media and publicity bombing to arouse the interest of developers

The posters announcing the big sale rose this week in the midst of a media and publicity bombing to arouse the interest of developers

The average average house price for the area is $ 1.15 million, but residents expect to obtain approximately $ 2.3 million per property if the new agreement is made concrete.

The average average house price for the area is $ 1.15 million, but residents expect to obtain approximately $ 2.3 million per property if the new agreement is made concrete.

The average average house price for the area is $ 1.15 million, but residents expect to obtain approximately $ 2.3 million per property if the new agreement is made concrete.

The sale process is expected to take between 12 and 24 months, and residents are likely to have to wait longer to sell

The sale process is expected to take between 12 and 24 months, and residents are likely to have to wait longer to sell

The sale process is expected to take between 12 and 24 months, and residents are likely to have to wait longer to sell

He said that the sales process was expected to last between 12 and 24 months, and residents knew that they would probably have to wait longer to sell.

"Collective sales usually take a considerable amount of time to formalize," Mr. Appleby told Daily Mail Australia.

"We hope to attract the interest of developers looking to build medium density homes under the current R3 zoning, and also from oppotunist developers who will seek to rise beyond the current planning controls."

This is not the first project of its kind, with eight owners who sold their homes for $ 40 million last year at Castle Hill.

This is not the first project of its kind, with eight owners who sold their homes for $ 40 million last year at Castle Hill.

This is not the first project of its kind, with eight owners who sold their homes for $ 40 million last year at Castle Hill.

This is not the first project of its kind, with eight owners who sold their homes for $ 40 million last year at Castle Hill.

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