The Fennell Bay site represents the opportunity to acquire a significant landholding in an area noted in various local and regional planning strategies, having strategic merit for residential development. Respondents may explore whether they could pursue a potential re-zoning or planning proposal for the site, subject to consents and approvals from Lake Macquarie City Council and other relevant authorities. While this may require addressing various constraints, including biodiversity, there could be potential to explore whether a new connected community could be created in an area surrounded by nature and close to education, transport, health, retail and recreational activities. The Fennell Bay site is in the Lake Macquarie City Local Government Area which is approximately 2 hours* drive north of Sydney and half an hour from Newcastle. It is accessed from Toronto Road and close to both Booragul and Fassifern train stations, which provide direct rail links to both Sydney and Newcastle. For Sale by Expressions of Interest closing Thursday 20 March 2024 at 4pm (AEDT). *Approximate ^RU6 Transition | C3 Environmental Conservation | R2 Low Density Residential .
Email enquiry to Colliers - Newcastle
Property ID: 504760604