A SIGNIFICANT 1,033SQM* DEVELOPMENT OPPORTUNITY IN A HIGH-DENSITY LOCATION, BENEFITTING FROM A PARKLAND AND WATERFRONT SETTING
- A gateway landholding, located on the corner of Hubbard Street
- A level* site with high-density residential zoning controls, the property presents a ripe opportunity to unlock the higher-density potential offered by the 14m height control and the 1.5:1 FSR control
- Islington is located 4.3km* north-west of Newcastle CBD
- The subject property forms the northern gateway to this R4 high density corridor, which benefits from the existing amenities of this residential enclave, as well as views over the park and creek, on the opposite side of Maitland Road. The transition of this, historically low-density, precinct has already commenced
- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period
- For more information on the full portfolio, please visit www.thenationaldevelopmentsiteportfolio.com.au
*Approx
Stonebridge Property Group
Lincoln Blackledge
+61 408 780 772
CBRE
Mark Wizel
+61 411 694 756
Julian White
+61 422 764 137
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