38 Newcastle Street,
Cardiff, NSW 2285

For Sale Via Expressions of Interest Closing Thursday 22 August at 4pm

Presenting this lucrative development opportunity, the property is situated on a generous 2,278sqm* block offering a relatively level and clear site with DA approval for a residential apartment complex consisting of 20 apartments. The development comprises a mix of 1 & 2 bedroom units and ample on-grade parking for residents and visitors. Additionally, the property is well suited for childcare centres, seniors housing, and affordable housing (STCA), making it a versatile development opportunity.

Strategically located in Cardiff, the property is central to many everyday necessities such as shopping, education, healthcare, public transport, and employment zones. Located just 20 minutes* from Newcastle CBD, 2 minutes* from Cardiff Train Station, and 8 minutes* from Boolaroo's industrial precinct, home to Costco and Bunnings.

Key features:
- DA approval for a residential apartment complex
- Zoned R3 Medium Density Residential - Height limit 12m
- Comprising 14 x 2 bedroom apartments and 6 x 1 bedroom apartments
- Situated on a 2,278sqm* block
- Ideal for residential housing, childcare centres, seniors and affordable housing (STCA)

*Approximately