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. 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
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Properti ID: 504668580