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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street Waratah, NSW 2298

1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street,
Waratah, NSW 2298

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Sale - Expression of Interest

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Prime development opportunity opposite Mater Hospital

  • 3,156.5m²* combined site area
  • Six separate titles sold in-one-line
  • Corner site with dual street frontage
The subject comprises a prime, corner development opportunity totalling 3,156.50 square metres* of site area with an elongated frontage and access off of both Edith Street and Lorna Street. The site allows for a potential max gross floor area (GFA) of 2,367.50 and a maximum building height of 8.5 metres under the current LEP (STCA).

Zoned R2 Low Density Residential the site offers an abundance of potential redevelopment options including but not limited to centre-based childcare, educational establishments, hospitals, respite day care-oriented development and tourist / visitor accommodation.

Waratah has been identified in the Hunter Regional Plan strategy document as both a regionally significant future housing opportunity area as well as a focus centre for employment. Under the plan the subject properties fall within 1 of 7 key suburbs with a focus for growth and urban renewal.

For Sale by Expressions of Interest closing Wednesday 2 October 2024 at 4pm (AEST)

*Approximate
Subject to Council approval (STCA)

Property ID: 504668580Last Updated: 31 Oct 2024

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1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street
Waratah, NSW 2298

Detailed listing

Colliers - Newcastle
Ground Floor, 18 Honeysuckle Drive
NEWCASTLE, NSW 2300

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