Various Lots Fullerton Cove,
Fullerton Cove, NSW 2318
Development Sites & Land
Price information
Sold
Contact Agent
Key property information
Land area
Tenure type
Sold on
Map of Various Lots Fullerton Cove
Operational Sand Quarry & Development Opportunity
EXPRESSIONS OF INTEREST CLOSING THURSDAY 11 DECEMBER 2014
The Property provides an unique opportunity to purchase a site with state government approval for sand extraction, operating as a sand quarry. The Property also benefits from residential development potential on completion of mining activities.
The property is located within the Port Stephens Local Government Area between Newcastle and Nelson Bay.
The salient features include:
-Total site area 26.07 hectares (approx.)
-Seven adjoining separate Titles/lots zoned RU2 under the Port Stephens LEP
-DA approved to June 2016 for sand extraction and operation as a sand quarry
-Located in close proximity of Newcastle (23 km approx.), Tomago (17 km approx.) and Kooragang Island (10 km approx.), where demand for fill is prevalent
-Currently consists of 7 separate adjoining lots, previously approved for residential development
-Located within an expanding rural/residential locality
-Operate the quarry whilst planning approvals are considered for a higher density residential outcome
The Property has a strong underlying land value which will be realised upon completion of the sand extraction/quarry operations. The purchaser has an opportunity to "value add" by undertaking planning approvals whilst the quarry operations continue.
Inspections are strictly by appointment only and can be arranged by contacting the exclusive sales agents listed below.
Receivers and Managers Appointed
The Property provides an unique opportunity to purchase a site with state government approval for sand extraction, operating as a sand quarry. The Property also benefits from residential development potential on completion of mining activities.
The property is located within the Port Stephens Local Government Area between Newcastle and Nelson Bay.
The salient features include:
-Total site area 26.07 hectares (approx.)
-Seven adjoining separate Titles/lots zoned RU2 under the Port Stephens LEP
-DA approved to June 2016 for sand extraction and operation as a sand quarry
-Located in close proximity of Newcastle (23 km approx.), Tomago (17 km approx.) and Kooragang Island (10 km approx.), where demand for fill is prevalent
-Currently consists of 7 separate adjoining lots, previously approved for residential development
-Located within an expanding rural/residential locality
-Operate the quarry whilst planning approvals are considered for a higher density residential outcome
The Property has a strong underlying land value which will be realised upon completion of the sand extraction/quarry operations. The purchaser has an opportunity to "value add" by undertaking planning approvals whilst the quarry operations continue.
Inspections are strictly by appointment only and can be arranged by contacting the exclusive sales agents listed below.
Receivers and Managers Appointed
Property ID: 501367707Last Updated: 5 Jun 2015
04237619...
Various Lots Fullerton Cove
Fullerton Cove, NSW 2318
Knight Frank - NewcastleSuite 1, Ground Floor, 168 Parry Street
NEWCASTLE WEST, NSW 2302
NEWCASTLE WEST, NSW 2302
Sending email...
Your personal information will be passed to the Agency and/or its authorised service provider to assist the Agency to contact you about your property enquiry. They are required not to use your information for any other purpose. Our Privacy Policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.
Similar properties
Other properties you might be interested in based on the location and property type you are looking at.
$1,125,000
11% Commercial Investment, 2626 Nelson Bay Road,Salt Ash, NSW 2318 700 m²Shops & Retail • Hotel, Motel & Leisure • Development Sites & Land
