THE POWER IN DEVELOPMENT SITES

Matrix Property Group Logo THE POWER IN DEVELOPMENT PROPERTY

197 Lake Road, Elermore Vale NSW

  • Listing type: Sold
  • Property type: Development Site
  • Suburb: Elermore Vale

Property Description

PREMIUM NEWCASTLE TOWNHOUSE DEVELOPMENT OPPORTUNITY

• DA Approved for 36 Townhouses in a 4 stage development/construction plan
• Ideal Product Marketing Mix of 3 and 4 Bedrooms, Includes 6 Free Standing Houses
• Generous Open Plan layouts with contemporary Facades
• Larger Townhouse Sizes and Designs, and all with Garages
• Project suits Home Builder with construction expertise. Land owner puts in Land, Incoming Partner Markets, Develops and Builds Out Product
• Joint Venture or PDA (Project Delivery Agreement) Deal Available
• Medium scale project over a large land area – 11,805 sqm (as per Survey)*
• Three Street Access, one off Lake Road and two off Virgo Street
• Located in a Premium sought after Newcastle Suburb targeting First Home Buyers (with current stamp duty concessions), Investors and Retirees
• Opposite Macquarie College and close to other local High and Primary Schools & TAFE College
• Easy access to local Shops and Sporting facilities
• Short drive to:
  – M1 (9 km)*
  – Newcastle CBD (12 km)*
  – Charlestown Shopping Precinct (11 km)*

*Approx

Exclusive Co-Agent
Raine & Horne
New Lambton

 

READY FOR IMMEDIATE NEGOTIATION AND SALE

 

DISCLAIMER: The information contained within this marketing material regarding the property is provided from reliable sources including the Vendor, consultants, advisors, public information portals and Government Authorities. Matrix Property Group (Matrix) does not warrant the accuracy of such information and so purchasers should rely on the information contained in the Contract for Sale and on their own investigations. Therefore, Matrix, its employees, agents, representatives and consultants take no responsibility or liability for the accuracy of this information, change of price, terms or the withdrawal of the property from sale without notice in our absolute discretion. We recommend Purchasers seek independent professional advice including but not limited to land and building survey, town planning, architectural, heritage, environmental, contamination and remediation, servicing, geotechnical, legal, finance, accounting, taxation, insurances, construction cost, end sales pricing and valuation advice; and will seek advice and verify with all relevant Authorities that may impact on the property and satisfy themselves prior to exchange of contracts. Matrix, its employees, agents, representatives and consultants are not liable for any loss or damage in relation to any statement, opinion, estimate, fact, figure, or other information contained in this marketing material or otherwise which may be erroneous, incorrect or misleading, or for any failure to disclose information, whether in relation with this marketing material, or via other marketing material, emails, correspondence, communications, statements or discussions at any other time. GST (if any applicable) is levied in addition to purchase price. Disclaimer as at 19/3/2024.

Map & Directions

Godfrey Franz

Contact Agent