96-100 Port Stephens Street, Raymond Terrace NSW 2324

Corner block development site with huge upside opposite Woolworths

For Sale by Expressions of Interest closing Thursday 29th August 2024 at 4pm AEST

Positioned across from the Terrace Central Shopping Mall and 300m* from Raymond Terrace's main shopping strip, 96-100 Port Stephens Street offers an exceptional development opportunity. This 1,985sqm* car park, situated in an R2 Low Density Residential zone, is primed for development into a childcare centre and multi-storey office accommodation. The site benefits from its proximity to numerous amenities, including schools, transport hubs, and essential services.

The property is set to benefit from the ongoing urban development and the extension of the M1 Pacific Motorway, which promise improved connectivity and enhanced road transport efficiency. This location is poised for growth, making 96-100 Port Stephens Street a prime investment opportunity. With concept plans available, developers can envision the site's future as a vital community and commercial hub. The corner block location adds to its appeal, providing convenient access and increased visibility.

Key features include:
- 1,985sqm* corner block providing easy access and high visibility
- Opportunity for childcare centre and multi-storey office development
- Zoned R2 Low Density Residential for flexible development
- Close to schools, transport hubs and essential services
- Benefiting from ongoing urban development and M1 Pacific Motorway extension
- Prime location in Raymond Terrace, ideal for investment

*Approximately