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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

Waratah

1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298
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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

Waratah

SOLD
1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

Properties / Sold / New South Wales / Waratah
Development Potential
Property Type
Residential, Commercial, Health/Medical
Sub Type
Child Care, Medical
Land Area
3,156 m² (*approx)
LGA
Newcastle City Council
Selling Method
EOI: Closing Wednesday 2nd October 2024 at 4pm (AEST)
EOI Closing Date
2 Oct 2024 04:00PM
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Prime development opportunity opposite Mater Hospital
  • 3,156.5m²* combined site area
  • Six separate titles sold in-one-line
  • Corner site with dual street frontage

The subject comprises a prime, corner development opportunity totalling 3,156.50 square metres* of site area with an elongated frontage and access off of both Edith Street and Lorna Street. The site allows for a potential max gross floor area (GFA) of 2,367.50 and a maximum building height of 8.5 metres under the current LEP (STCA).

Zoned R2 Low Density Residential the site offers an abundance of potential redevelopment options including but not limited to centre-based childcare, educational establishments, hospitals, respite day care-oriented development and tourist / visitor accommodation.

Waratah has been identified in the Hunter Regional Plan strategy document as both a regionally significant future housing opportunity area as well as a focus centre for employment. Under the plan the subject properties fall within 1 of 7 key suburbs with a focus for growth and urban renewal.

For Sale by Expressions of Interest closing Wednesday 2 October 2024 at 4pm (AEST)

*Approximate

Subject to Council approval (STCA)

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

Development Site Summary

Property Type
Residential, Commercial, Health/Medical
Sub-type
Child Care, Medical
Land Area
3,156 m² (*approx)
LGA
Newcastle City Council
Selling method
EOI: Closing Wednesday 2nd October 2024 at 4pm (AEST)
EOI Closing Date
2 Oct 2024 04:00PM
Add to calendar

Development Site Highlights

Prime development opportunity opposite Mater Hospital
  • 3,156.5m²* combined site area
  • Six separate titles sold in-one-line
  • Corner site with dual street frontage

The subject comprises a prime, corner development opportunity totalling 3,156.50 square metres* of site area with an elongated frontage and access off of both Edith Street and Lorna Street. The site allows for a potential max gross floor area (GFA) of 2,367.50 and a maximum building height of 8.5 metres under the current LEP (STCA).

Zoned R2 Low Density Residential the site offers an abundance of potential redevelopment options including but not limited to centre-based childcare, educational establishments, hospitals, respite day care-oriented development and tourist / visitor accommodation.

Waratah has been identified in the Hunter Regional Plan strategy document as both a regionally significant future housing opportunity area as well as a focus centre for employment. Under the plan the subject properties fall within 1 of 7 key suburbs with a focus for growth and urban renewal.

For Sale by Expressions of Interest closing Wednesday 2 October 2024 at 4pm (AEST)

*Approximate

Subject to Council approval (STCA)

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Ben Robinson
Ben Robinson
+61 *** *** *** show +61 402 211 392
Nick Christensen
Nick Christensen
+61 *** *** *** show +61 402 635 503
Ben Robinson
Ben Robinson
+61 *** *** *** show +61 402 211 392
Nick Christensen
Nick Christensen
+61 *** *** *** show +61 402 635 503

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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

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Property Location of 1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298

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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298 Waratah
Colliers - Newcastle
Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive, Newcastle NSW 2300
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Ben Robinson
Ben Robinson
+61 *** *** *** show +61 402 211 392
Nick Christensen
Nick Christensen
+61 *** *** *** show +61 402 635 503