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

Name: 1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street, Waratah, NSW 2298
Address: 1, 3 & 5 Edith Street, and 38, 40 & 42 Lorna Street , NSW, Waratah, NSW, 2298
Telephone: +61 402 211 392

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+9 Photos

Properties / Buy / New South Wales / Waratah

Development Potential

1. Property Summary

Property Type

Residential, Commercial, Child/Healthcare

Sub Type

Child Care, Medical

Land Area

3,156 m² (*approx)

Selling Method

EOI: Closing Wednesday 2nd October 2024 at 4pm (AEST)

EOI Closing Date

2 Oct 2024 04:00PM

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2. Property Highlights

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)

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