Located in the thriving Morisset CBD, this property offers a significant strategic opportunity to investors and developers alike.

Featuring sought-after B4 zoning (Mixed Use), this land is a convenient corner block with additional lane access (via Bakehouse Lane) and has huge potential.

The property is within walking distance to several schools (both private and public), two shopping centres (featuring Coles, Woolworths, Spec Savers, Best and Less), Morisset Railway Station, the 72 hectare ‘Cedar Mill’ tourism, cultural and event space (Winarch Capital development featuring a proposed 30,000 capacity amphitheatre, accommodation, and community spaces – see link below) and only a short drive to the M1 Motorway, bustling Morisset Business Park and proposed large format retail centre in Morisset by Winarch Capital.

Potential for the following (STCA): Boarding houses; Centre-based child care facilities; Commercial premises; Community facilities; Educational establishments; Entertainment facilities; Function centres; Home industries; Hostels; Hotel or motel accommodation; Information and education facilities; Medical Centres; Oyster aquaculture; Passenger transport facilities; Recreation facilities (indoor); Registered clubs; Residential flat buildings; Respite day care centres; Restricted premises; Roads; Seniors housing; Shop top housing; Tank-based aquaculture; Any other development not specified in item 2 or 4 (Source: Lake Macquarie Local Environment Plan 2014)

Quality corner blocks with great zoning, perfect location and unlimited potential rarely become available. Register your interest with Ben Wrigley from Ellejayne Realty today!

Rental Appraisal: $485/week (currently leased with quality tenants who would like to remain at the property)

** Cedar Mill, Lake Macquarie link: Cedar Mill, Lake Macquarie – Winarch Capital

DISCLAIMER
Ellejayne Realty have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.