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2. Property Highlights

Prime opportunity for property developers and investors
  • DA Approved
  • 1,226sqm* site area
  • Corner site

For Sale by Expressions of Interest closing 13 June 2024 at 11am

4 & 6 Ernest Street presents a great opportunity being located in the established and rapidly expanding Lake Macquarie suburb of Belmont. Offering an ideal location for property developers and investors looking to capitalise on the area's growth potential. Belmont is strategically located on the lakeside, 18km* south of Newcastle and 116km* north of Sydney, making it a convenient and accessible location for commuters and residents alike.

The area is popular among families, first home buyers, and investors due to its proximity to major cities, lakeside restaurants, new residential and commercial developments, and excellent public transport links. The property is conveniently located 1km* from the Lake Macquarie Yacht club and Belmont 16's, a short 3 minute* walk from Aldi and Belmont's commercial and retail precinct, and 5 minute* drive from Belmont Hospital.

- DA Approved for a four-level residential apartment complex

- 1,226sqm* of sought after MU1 Mixed Use land

- Development approval comprises 12 x 1 bed, 8 x 2 bed & 3 x 3 bedroom apartments with a rooftop garden and outdoor dining

- Located in Lakeside Belmont offering easy access to premium lifestyle amenity

*Approximately

Remember to mention you found this property on DevelopmentReady

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4. Property Location

4-6 Ernest Street, Belmont, NSW 2280

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5. Market Intelligence Report

Developments and amenities within a 5km radius of the asset.

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4-6 Ernest Street, Belmont, NSW 2280 Belmont
Commercial Collective
Commercial Collective
10, Newcomen Street, Newcastle, Newcastle City Council, New South Wales, Australia, 2300
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