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This substantial corner landholding provides secure holding income from three fully leased dwellings while offering outstanding development potential (STCA). Zoned MU1 Mixed Use with a 22m* height limit, the site has capacity for a landmark residential or mixed-use project designed to capture panoramic views across Lake Macquarie. Surrounded by newly completed apartment buildings and directly adjacent Coles, the property benefits from strong demand and visibility. Positioned in a family-friendly suburb close to schools, parks, and the lakefront, the property appeals to both developers and investors.
- Commanding 1,267sqm* corner site with development opportunity
- Holding income from three separate residential dwellings
- 22m* height limit
- Panoramic water views over Lake Macquarie
- Adjacent Coles supermarket
- Surrounded by higher-density residential apartments
- MU1 zoning for apartment development or mixed-use projects
*Approximately
Remember to mention you found this property on DevelopmentReady
This substantial corner landholding provides secure holding income from three fully leased dwellings while offering outstanding development potential (STCA). Zoned MU1 Mixed Use with a 22m* height limit, the site has capacity for a landmark residential or mixed-use project designed to capture panoramic views across Lake Macquarie. Surrounded by newly completed apartment buildings and directly adjacent Coles, the property benefits from strong demand and visibility. Positioned in a family-friendly suburb close to schools, parks, and the lakefront, the property appeals to both developers and investors.
- Commanding 1,267sqm* corner site with development opportunity
- Holding income from three separate residential dwellings
- 22m* height limit
- Panoramic water views over Lake Macquarie
- Adjacent Coles supermarket
- Surrounded by higher-density residential apartments
- MU1 zoning for apartment development or mixed-use projects
*Approximately
Remember to mention you found this property on DevelopmentReady
Developments and amenities within a 5km radius of the asset.
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