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Prime Development Opportunity In Morisset's Growing Town Centre
Prime Development Opportunity In Morisset's Growing Town Centre
Opportunities to secure development-ready land within Morisset's rapidly expanding CBD precinct are becoming increasingly rare. Positioned in one of Lake Macquarie's strongest growth corridors, 5 Yambo Street presents an exceptional opportunity for developers, investors, and land bankers looking to capitalise on the area's continued growth and demand.
Comprising 2023m² of R3 Medium Density Residential zoned land (subject to survey), the site benefits from rear laneway access via Lindon Lane, providing flexibility for future development outcomes and site design (STCA). Adding further value, the property comes with an existing Development Approval for a preschool, creating an immediate opportunity for childcare operators and investors seeking to meet the growing demand for early learning facilities within the region.
An additional feature of the property is the existing Masonic Hall, offering potential for adaptive re-use, community-based purposes, or incorporation into future redevelopment plans (STCA). The existing improvements may provide flexibility for purchasers seeking to retain, repurpose or enhance the site while capitalising on its significant development potential.
Morisset has firmly established itself as one of the fastest-growing regional centres between Sydney and Newcastle. Its strategic location along the M1 Motorway and Main Northern Rail Line has made it increasingly attractive to commuters, families, and investors alike. Residents enjoy direct rail access to both Sydney and Newcastle, while the M1 provides convenient connectivity to major employment hubs, beaches, and lifestyle destinations.
The suburb continues to benefit from significant public and private investment, including residential expansion, commercial growth, and ongoing infrastructure upgrades. Morisset's thriving town centre offers an extensive range of amenities, including major supermarkets, medical facilities, cafes, restaurants, schools, childcare centres, and specialty retailers. Nearby attractions such as Lake Macquarie, Trinity Point Marina, and the Watagan Mountains further enhance the area's appeal, contributing to strong demand from both owner-occupiers and tenants.
Located within walking distance of Morisset CBD and the train station, 5 Yambo Street is ideally positioned to take advantage of the area's continued growth. With increasing demand for residential and community-based developments, the existing preschool approval and the flexibility offered by the existing Masonic Hall provide purchasers with multiple pathways to unlock the site's potential (STCA).
Key Features:
-Lots 11 & 12 offered together.
-2023² of R3 Medium Density Residential zoned land.
-Existing Development Approval for a preschool.
-Existing Masonic Hall offering potential for adaptive re-use or incorporation into future redevelopment (STCA).
-Rear laneway access via Lindon Lane.
-Walking distance to Morisset CBD and train station.
-Excellent development potential (STCA).
-Close proximity to schools, medical facilities, shopping and public transport.
-Positioned within one of Lake Macquarie's strongest growth corridors.
-Easy access to the M1 Motorway, Sydney, Newcastle and Lake Macquarie.
Whether you're looking to develop the approved childcare facility, explore alternative development opportunities (STCA), or secure a strategic landholding in a high-growth location, this is a rare opportunity to acquire a substantial parcel of land in one of the region's most sought-after growth centres.
Disclaimer: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Personal information collected by the agency when you enquire may be used and disclosed throughout the business in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles for business, marketing, compliance and related purposes, for more information on how we use your data please refer to our privacy policy which can be found here - https://www.raywhite.com/franchisee-privacy-policy/
Opportunities to secure development-ready land within Morisset's rapidly expanding CBD precinct are becoming increasingly rare. Positioned in one of Lake Macquarie's strongest growth corridors, 5 Yambo Street presents an exceptional opportunity for developers, investors, and land bankers looking to capitalise on the area's continued growth and demand.
Comprising 2023m² of R3 Medium Density Residential zoned land (subject to survey), the site benefits from rear laneway access via Lindon Lane, providing flexibility for future development outcomes and site design (STCA). Adding further value, the property comes with an existing Development Approval for a preschool, creating an immediate opportunity for childcare operators and investors seeking to meet the growing demand for early learning facilities within the region.
An additional feature of the property is the existing Masonic Hall, offering potential for adaptive re-use, community-based purposes, or incorporation into future redevelopment plans (STCA). The existing improvements may provide flexibility for purchasers seeking to retain, repurpose or enhance the site while capitalising on its significant development potential.
Morisset has firmly established itself as one of the fastest-growing regional centres between Sydney and Newcastle. Its strategic location along the M1 Motorway and Main Northern Rail Line has made it increasingly attractive to commuters, families, and investors alike. Residents enjoy direct rail access to both Sydney and Newcastle, while the M1 provides convenient connectivity to major employment hubs, beaches, and lifestyle destinations.
The suburb continues to benefit from significant public and private investment, including residential expansion, commercial growth, and ongoing infrastructure upgrades. Morisset's thriving town centre offers an extensive range of amenities, including major supermarkets, medical facilities, cafes, restaurants, schools, childcare centres, and specialty retailers. Nearby attractions such as Lake Macquarie, Trinity Point Marina, and the Watagan Mountains further enhance the area's appeal, contributing to strong demand from both owner-occupiers and tenants.
Located within walking distance of Morisset CBD and the train station, 5 Yambo Street is ideally positioned to take advantage of the area's continued growth. With increasing demand for residential and community-based developments, the existing preschool approval and the flexibility offered by the existing Masonic Hall provide purchasers with multiple pathways to unlock the site's potential (STCA).
Key Features:
-Lots 11 & 12 offered together.
-2023² of R3 Medium Density Residential zoned land.
-Existing Development Approval for a preschool.
-Existing Masonic Hall offering potential for adaptive re-use or incorporation into future redevelopment (STCA).
-Rear laneway access via Lindon Lane.
-Walking distance to Morisset CBD and train station.
-Excellent development potential (STCA).
-Close proximity to schools, medical facilities, shopping and public transport.
-Positioned within one of Lake Macquarie's strongest growth corridors.
-Easy access to the M1 Motorway, Sydney, Newcastle and Lake Macquarie.
Whether you're looking to develop the approved childcare facility, explore alternative development opportunities (STCA), or secure a strategic landholding in a high-growth location, this is a rare opportunity to acquire a substantial parcel of land in one of the region's most sought-after growth centres.
Disclaimer: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Personal information collected by the agency when you enquire may be used and disclosed throughout the business in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles for business, marketing, compliance and related purposes, for more information on how we use your data please refer to our privacy policy which can be found here - https://www.raywhite.com/franchisee-privacy-policy/