Hornsby TOD Precinct - Unlocking Potential for Property Owners
Hornsby is on the brink of transformation, offering an exciting opportunity for property owners to capitalise on its inclusion in Sydney’s Transport Oriented Development (TOD) precincts. With the TOD SEPP now in effect, the area is set to benefit from significant infrastructure upgrades, enhanced public transport and increased housing demand.
If you own property in Hornsby, this is your chance to unlock its true value. Developers are already targeting properties in the precinct, and understanding how to position your land strategically is key to maximising your return.
Why Hornsby Stands Out
Hornsby’s unique position as the northern gateway to Sydney makes it one of the city’s most attractive locations for development. Key highlights include:
Enhanced connections - Hornsby is a major transport hub, with direct access to Sydney’s rail network and key employment centres.
Proposed upgrades - Plans include a new library, community centre and improved cultural facilities, enhancing Hornsby’s appeal as a place to live and work.
Housing demand - The precinct is set to deliver 6200 new homes, creating vibrant, mixed use communities to meet Sydney’s growing population.
These factors make Hornsby a priority for developers, who see its potential for high quality residential and commercial developments. As a property owner, knowing how developers assess your land’s value is critical to securing the best possible outcome.
How to Maximise Your Property’s Value
1. Understand Your Land’s Development Potential
Your property’s value to a developer is determined by a combination of factors, including:
Site characteristics - how efficiently it can be developed to create new floor space including its size, configuration and access.
Development controls - Allowable building heights and floor space ratios as well as a wide range of other specific development regulations.
Infrastructure and amenities - particularly proximity to transport, along with schools, parks, and shopping precincts.
Engaging a professional property advisor can help you uncover the full potential of your land and identify strategies to present it as a valuable development site.
2. Collaborate With Neighbours for Better Returns
Pooling properties with neighbours can increase overall value by creating larger, more attractive development sites. However, the way proceeds are divided can significantly impact your individual return.
Landowners in Hornsby and elsewhere often undervalue their share by agreeing price sharing based solely on land size. Developers calculate value based on a sites suitability to create new floor space, which can make some properties more valuable than others.
Professional advice can ensure you negotiate an agreement that reflects the true contribution of your property to the development.
3. Negotiate Confidently with Developers
Developers are experienced negotiators who assess every aspect of a site’s development potential to enhance their margins. As a landowner, you need to be as well prepared to secure the best deal.
Key considerations include:
Negotiation terms - Understand the benefits and traps of different structures, including options, upfront payments, profit sharing agreements or staged payments.
Maximisation - know how to promote your property as being able to efficiently contribute to maximised new floor space for the developer.
Positioning - understand and present your property’s unique characteristics to enhance its appeal especially compared to neighbouring or competing development sites.
Augusta Advisors specialises in advising landowners during these negotiations. Our expertise ensures your interests are protected, and you achieve the maximum possible return.
Why Acting Now is Important
The Hornsby TOD precinct has become a hotspot for developers and early action is important to securing the best result. From our experience advising landowners in similar precincts, those who act early are better positioned to:
Maximise their property’s value by preparing thoroughly.
Minimise the risk of competition, as more sites come to market.
Take advantage of strong developer interest before competition increases.
A Trusted Partner for Hornsby Property Owners
At Augusta Advisors, we’ve helped landowners across Sydney achieve outstanding results. One group in Cammeray [insert reference here] successfully increased their property value by leveraging firstly our advice, followed by our expertise in negotiating with developers.
If you’re a property owner in Hornsby, we can help you:
Unlock the full potential of your property.
Navigate the challenges of negotiations with developers.
Explore creative solutions like profit sharing agreements to achieve the best outcomes.
Your next step
Contact Augusta Advisors today for a free consultation and learn how we can help you maximise the value of your Hornsby property.