....but if it was near an airport....and they knew the right people....
Or got the market rate for large lots that would otherwise have another use. I don’t get the fuss over the Badgers Creek airport acquisition paying the price it did.
If that airport block wasn’t in the airport zone it would be considered a green field suitable for future development, which is the case north , south or east of the airport zone, in places like Leppington, Orchard Hills etc. These lots 5 years ago were fetching a $1 mil per acre, so 30 acres would get you $30 mil.
Anywhere really in the area east of the border of the Nepean and Hawkesbury River boundary fetches big development dollars.
I know two different individuals that sold land in that area for $1 mil/ acre.