Morisset Development Site

Corner Of Bridge And Yambo Street, Morisset, NSW, 2264

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SOLD $3,000,000

Development Description

The site is set to be a Apartment Block and Retail Hub.

Geographically, Morisset district has distinct advantages. The town is located near Australia’s biggest salt-water lake, Lake Macquarie. It is a short distance away from the Wattagan Mountains and just half-an-hour’s drive to some of the most pristine beaches in the state.

The town also enjoys a fully serviced railway station and it is situated just one kilometre from a direct freeway interchange. During non-peak hour times, you can drive to the northern suburbs of Sydney within 45 minutes and to Newcastle in just over half
an hour.

According to Graeme Hooper, economic development manager for the Lake Macquarie Council, Morisset is recognised as an emerging economic centre for the Lower Hunter region. It has been identified as one of the three key hot spots in terms of population growth and commercial development because of its accessibility to the commercial districts of Sydney, Newcastle, the Central Coast and Hunter Valley.

This hot spot status has made Morisset and the surrounding suburbs of Bonnells Bay, Cooranbong and Morisset Park very attractive targets for astute property developers. 

Development Data

  • Development Apartments And Retail
  • Zoning B3 - Commercial Care
  • Site Area 2,017.1 sqm
  • Developable Area Yes
  • Site Coverage FSR -
  • Height HOB 13 Meters
  • Co-efficiency -
  • Net Sellable Area -
  • Frontage -
  • Council Lake Macquaire City Council
  • Control Used -
  • Land Content Homes
  • Builder Wholesale -
  • Developer -
  • Builder Retail -
  • Developer Land only -
  • Builder Aggregator -
  • Conjunction Partner -
  • Acquisition Type -
  • Date Listed 01/06/2017
  • Property ID 415

Floor Plan

Inclusion List

Other Documents

Map

Recent Sales: Lake Macquarie West

Address Property Type Land Area Total Floor Area Sold Date Sale Price
3407 Yarborough Road, Cameron Park, NSW, 2285  Land  748 sqms    16-11-2015  $280,000
3407 Yarborough Road, Cameron Park, NSW, 2285  Land      18-07-2014  $265,000
312 Kirra Road, Morisset Park, NSW, 2264  House  484 sqms  206 sqms  10-06-2014  $467,500
16 Stockton Street, Morisset, NSW, 2264  Townhouse  323 sqms  192 sqms  Not Provided  $454,000
Lot 17 Goodwins and Stockton Street, Morisset, NSW, 2264  Townhouse  323 sqms  192 sqms  Not Provided  $454,000
300 Main Road, Fennell Bay, NSW, 2283  Project      Not Provided  $399,000 - $425,000
The Boulevard, Toronto, NSW, 2283  Land  1189 sqms    Not Provided  $750,000
Lot 707 Mountain Ash Drive, Cooranbong, NSW, 2265  Dual Dwelling House  747 sqms  225.9 sqms  Not Provided  3+2  1+1  1+1  $652,500
Lot 705 Mountain Ash Drive, Cooranbong, NSW, 2265  House + Granny Flat  846 sqms  283.7 sqms  Not Provided  4+2  2+1  1+1  $705,000
Lot 15 Regent Street, Bonnells Bay, NSW, 2264  Townhouse    172.30 sqms  Not Provided  $520,000

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