LAND BANK, DEVELOP OR BUILD YOUR DREAM HOME
A unique opportunity has arisen. We are pleased to offer a significant block within a premium location in Warners Bay.
This 1,492m2 block has a wealth of potential to develop (subject to council aproval) as similar surrounding blocks have been, to build your dream home to fit into the existing streetscape, land bank to wait for the right time to progress your property journey or to capitalise on the organic growth of Warners Bay, with an incredible growth rate of 6.58% P.A.* in the residential property market.
This property will allow you to indulge in the vibrant lifestyle just moments away. A mere 4-minute drive or a leisurely 17-minute stroll leads you to Warners Bay Esplanade, where you will find a range of cafes, restaurants, and retail stores.
Features of the block include:
- Existing tenanted dwelling to maintain holding income
- 20.7m street frontage
- 1,492m2 total land size
- R2 low-density residential zoning
- Minimum lot size of 450m2 for torrens title
- 8.5m building heights
- Metres from public creek-front reserve attached to Lake Macquarie
- Approx. 1.5km to Warners Bay The Esplanade Retail Precinct
- Approx. 1.7km to Eleebana Boat Ramp
- Approx. 4.8km to Speers Point Park.
Seize this rare opportunity and make your mark in Warners Bay. Call us on 02 4958 8555, 7 days to book your inspection.
*Based on 10-year average. Source: RP Data Pty Ltd trading as CoreLogic.