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Knight Frank - Newcastle

10 & 24 Bluebell Street Belmont, NSW 2280

10 & 24 Bluebell Street,
Belmont, NSW 2280

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Knight Frank - Newcastle
Dan Barry
Brent Sinclair
Michael Boom

Knight Frank - Newcastle

Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
Knight Frank - Newcastle
10 & 24 Bluebell Street
Belmont, NSW 2280

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Shovel Ready Development Opportunity

  • Combined site area 29,162sqm*
  • Shovel ready projects
  • Favourable zoning allowances
Knight Frank is pleased to present an outstanding opportunity for developers & occupiers to purchase three large land parcels for sale separately or in-one-line, including two shovel ready projects, located within an established urban centre.

The Property is positioned in the heart of Lake Macquarie, surrounded by an established residential & business district with easy access to the Pacific Highway providing excellent connectivity South to the Central Coast/ Sydney & North to Newcastle.

Favourable zoning allowances for the site offer a multitude of potential uses, further enhanced by potential re-zoning options (STCA) & the introduction of new employment zones currently being finalised by the NSW Government which would expand the allowable uses for the site.

Summary of offerings:

24 Bluebell Street
- 10,872sqm* land area
- DA approved for 108 micro-industrial units with a combined GFA of 4,676sqm*
- Generally flat cleared
- Zoned B7 Business Park

Lot 1, 10 Bluebell Street
- 10,766sqm* land area
- DA approved for 21 business park units with a combined GFA of 4,435sqm*
- Holding income includes warehouse & mobile tower
- Generally flat & cleared
- Zoned B7 Business Park

Lot 2, 10 Bluebell Street
- 6,942sqm* land area
- Zoned E2
- Permitted uses include, but not limited to, dual occupancies, dwelling houses, car parks (STCA)
- Option to include 7 Deane Street consisting of a 4-bed home on a 582sqm* land parcel providing additional site access options

Project Features:

- Separate DA's (not interdependent) provide flexibility to stage development
- Construction certificate issued for both site projects
- Comprehensive due diligence available

For sale by expressions of interest closing Thursday 2 December at 4pm

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Property ID: 503940278Last Updated: 27 Jan 2022

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Knight Frank - Newcastle
Suite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302

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