Bluechip Waterfront Development Opportunity – Zoned B4 - Belmont - NSW
Literally just a few metres from Belmont Bay on the shores of beautiful Lake Macquarie upon a 777.8sqm parcel of waterfront reserve land, this dilapidated house and four flats present as a blue-chip real estate opportunity of rare size and location.
The under-capitalised landholding, with B4 zoning and 20m lakeside frontage, offers property developers the ultimate blank canvas to build a multi-level, mixed-use development. Architecturally impressive neighbouring apartment blocks, fitting of the exemplary setting, offer inspiration on what could be achieved here, subject to council approval.
All around, there are unlimited water activities including sailing and fishing, pristine uncrowded beaches and spectacular bushwalks as well as a myriad of clubs, bars and eateries in a vibrant day-night destination in which to live, relax and entertain.
- 36.1m frontage to Macquarie St, 23.7m to Walter St and 20.6m to Belmont Lions Park
- Currently occupied by 4 x run-down flats and a knockdown cottage
- A few short steps from Belmont Citi shopping centre, Belmont Wharf and transport to Newcastle CBD
- First time offered in over 50 years
View phone number
02 4902 7255 0414492905
|Price||Price Guide on Request|