240 Maitland Road,
Islington, NSW 2296

- A gateway landholding, located on the corner of Hubbard Street

- A level* site with high-density residential zoning controls, the property presents a ripe opportunity to unlock the higher-density potential offered by the 14m height control and the 1.5:1 FSR control

- Islington is located 4.3km* north-west of Newcastle CBD

- The subject property forms the northern gateway to this R4 high density corridor, which benefits from the existing amenities of this residential enclave, as well as views over the park and creek, on the opposite side of Maitland Road. The transition of this, historically low-density, precinct has already commenced

- Upon settlement, Caltex will remain in occupation under a Licence Agreement whilst the demolition and remediation works are being undertaken. A licence fee will be paid by Caltex during this period

- For more information on the full portfolio, please visit www.thenationald evelopmentsiteportfolio.com.au

*Approx

For further information please contact the exclusive sales and marketing agents:

CBRE Melbourne

Nathan Mufale
+61 421 224 3...
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng 王敬君
+61 411 059 1...
jj.heng@cbre.com.au

Stonebridge Property Group

Lincoln Blackledge
+61 408 780 772