This newly constructed unit offers a total building area of...Read More→
Newcastle's Premier Commercial Real Estate Agency
19, 21 & 23 Edgar Street, Belmont NSW 2280
$3,500,000
Site Area
1,267 m²
Lake Macquarie mixed-use development landholding
This substantial corner landholding provides secure holding income from three fully leased dwellings while offering outstanding development potential (STCA). Zoned MU1 Mixed Use with a 22m* height limit, the site has capacity for a landmark residential or mixed-use project designed to capture panoramic views across Lake Macquarie. Surrounded by newly completed apartment buildings and directly adjacent Coles, the property benefits from strong demand and visibility. Positioned in a family-friendly suburb close to schools, parks, and the lakefront, the property appeals to both developers and investors.
- Commanding 1,267sqm* corner site with development opportunity
- Holding income from three separate residential dwellings
- 22m* height limit
- Panoramic water views over Lake Macquarie
- Adjacent Coles supermarket
- Surrounded by higher-density residential apartments
- MU1 zoning for apartment development or mixed-use projects
*Approximately
- 1,267sqm* corner site
- Zoned MU1 Mixed Use
- Secure holding income