High density future development


1711-1723 State Highway 1, Warkworth

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High density future development | 1711-1723 State Highway 1, Warkworth | 1201595 |      X Close
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High density future development


• Future Urban zone

• Provisionally zoned to allow high density residential development

• Large Freehold site measured at 12 hectares (more or less)

• Long-term development opportunity

• $164,320 per annum holding income

Measured at 12 hectares (more or less), this freehold land asset comprising 2 titles, is a robust opportunity, including $164,320 annual holding income derived from six substantial residential dwellings in a commercial lease structure.

The property offers strong value proposition as a result of the dual access from State Highway 1 and Valerie Close and the largely flat contour.

The property has been designated part Terrace Housing and Apartment Buildings, part Mixed Housing Urban and part Mixed Housing Suburban and an area of Business - Local Centre zone under the Draft Warkworth Structure Plan. This plan is responsible for zoning the 1,000+ hectares of Future Urban land in the area.

Proposed future roading upgrades will also add to the long-term connectivity of the area.

Call us now for further information.

1711-1723 State Highway 1, Warkworth

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