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Residential Development Opportunity on Main Street
This property offers a generous frontage of approximately 15 meters along Elder Street and holds E1 Local Centre zoning, making it a prime location for residential development in the bustling heart of Newcastle's sought-after suburb. Accessed from both Elder Street and DeVitre Street, these lots present an enticing opportunity for mixed-use development (subject to council approval).
Offered with vacant possession, the buildings on the site offer a blank canvas for your residential vision. Imagine the potential of creating a blend of residential and retail spaces within this vibrant community hub.
With preliminary plans showcasing the possibility of incorporating four 2-bedroom apartments alongside residential units, this offering presents a rare chance to secure approximately 508sqm of prime residential land with immense development possibilities which is in high demand in central Lambton.