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240 Maitland Road, ISLINGTON, NSW 2296

+13 Photos

+15 Photos

SOLD

240 Maitland Road, ISLINGTON, NSW 2296

Properties / Sold / New South Wales / Islington

Development Potential

1. Property Summary

Property Type

Residential, Commercial, Mixed Use

Land Area

1,033 m² (*approx)

Selling Method

EOI: Closing 21st October 2019 at 2PM

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2. Property Highlights

A SIGNIFICANT 1,033SQM* DEVELOPMENT OPPORTUNITY IN A HIGH-DENSITY LOCATION, BENEFITTING FROM A PARKLAND AND WATERFRONT SETTING

- 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.thenationaldevelopmentsiteportfolio.com.au

*Approx

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

CBRE

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Remember to mention you found this property on DevelopmentReady

Development Potential

1. Property Summary

Property Type

Residential, Commercial, Mixed Use

Land Area

1,033 m² (*approx)

Selling method

EOI: Closing 21st October 2019 at 2PM

2. Property Highlights

A SIGNIFICANT 1,033SQM* DEVELOPMENT OPPORTUNITY IN A HIGH-DENSITY LOCATION, BENEFITTING FROM A PARKLAND AND WATERFRONT SETTING

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

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

- 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.thenationaldevelopmentsiteportfolio.com.au

*Approx

Stonebridge Property Group

Lincoln Blackledge

+61 408 780 772

CBRE

Mark Wizel

+61 411 694 756

Julian White

+61 422 764 137

Remember to mention you found this property on DevelopmentReady

Development Potential