Added 4 days ago
81 & 93 Russell Road,
Morisset, NSW 2264
Development Sites & Land
Added 4 days ago
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Sale - Expression of Interest closing Thu 31 Oct
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CBRE - Sydney North
Level 29, 177 Pacific HighwayNORTH SYDNEY, NSW 2060
81 & 93 Russell Road
Morisset, NSW 2264
Detailed listing
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JOINT VENTURE DEVELOPMENT OPPORTUNITY
- Joint Venture Opportunity
- Large freehold site of 115.26 hectares
- Landmark location north of Town Centre
On behalf of The Landowners, CBRE is seeking expressions of interest from suitably experienced and capable parties (or consortia) to drive a part residential re-zoning process at 81 & 93 Russell Road, Morisset.
Highlights of the development opportunity include:
• 115.26 hectares* / 285 acres* of rural freehold land across 14 titles
• Landmark location north of Morisset town centre and South of Dora creek
• Strategic centre located to act as an intermediary between Newcastle Metropolitan Area and Greater Sydney
• Positioned within proximity of several social, health and education facilities
• Potential for structured project delivery terms
• Council support for re-zoning to residential use to further meet housing needs (STCA)
• Action plan identified in the Lake Macquarie Local Strategic Planning Statement (LSPS) to review the economic centre’s land use
• Existing improvements comprising of four cottages, a cabin and two boarding houses with eight and nine bedrooms
The Landowner is seeking EOI from suitably experienced and capable parties who are interested in developing the site through a structured agreement with the Landowners.
Expressions of interest (EOI) must be lodged by no later than Thursday, 31st October 2024 at 4pm (AEST).
Highlights of the development opportunity include:
• 115.26 hectares* / 285 acres* of rural freehold land across 14 titles
• Landmark location north of Morisset town centre and South of Dora creek
• Strategic centre located to act as an intermediary between Newcastle Metropolitan Area and Greater Sydney
• Positioned within proximity of several social, health and education facilities
• Potential for structured project delivery terms
• Council support for re-zoning to residential use to further meet housing needs (STCA)
• Action plan identified in the Lake Macquarie Local Strategic Planning Statement (LSPS) to review the economic centre’s land use
• Existing improvements comprising of four cottages, a cabin and two boarding houses with eight and nine bedrooms
The Landowner is seeking EOI from suitably experienced and capable parties who are interested in developing the site through a structured agreement with the Landowners.
Expressions of interest (EOI) must be lodged by no later than Thursday, 31st October 2024 at 4pm (AEST).
Property ID: 504694648Last Updated: 24 Sep 2024
CBRE - Sydney NorthLevel 29, 177 Pacific Highway
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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