81 & 93 Russell Road,
Morisset, NSW 2264
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CBRE - Sydney North
Level 29, 177 Pacific HighwayNORTH SYDNEY, NSW 2060
81 & 93 Russell Road
Morisset, NSW 2264
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EOI CLOSED - SUBMISSIONS UNDER REVIEW
- JV Opportunity
- Large freehold site of 115.26 hectares
- Landmark location north of Town Centre
EOI CLOSED - BIDS NOW UNDER ASSESSMENT.
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).
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).
Property ID: 504694648Last Updated: 1 Nov 2024
CBRE - Sydney NorthLevel 29, 177 Pacific Highway
NORTH SYDNEY, NSW 2060
NORTH SYDNEY, NSW 2060
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