Vacant site with DA approval for a retirement village. This is an outstanding opportunity to purchase a fully approved development site within the Local Government Area of Lake Macquarie, in an area with outstanding growth potential.
The salient features include:
-Total site area 2.99 hectares approx. -Zoned RU2 Rural Landscape under the Lake Macquarie Local Environmental Plan 2014 -Existing development approval for a 68 unit retirement village, managers residents and community centre -Located adjoining an existing retirement village -Located within a growth area of Lake Macquarie, 50 kilometres of Newcastle and within 40 kilometres of Charlestown, the major commercial area of Lake Macquarie.
DA approval obtained in 2008, Lake Macquarie City Council confirmed substantial commencement in August 2010 meaning the lapse date of the DA is no longer applicable.
The site is well suited to take advantage of an aging population and offering low cost retirement living in a peaceful setting within close proximity of high quality medical care.
Inspections are strictly by appointment only and can be arranged by contacting the exclusive sales agents listed below.
Commercial Real Estate & Valiant have pulled some useful resources to help you on your journey. Kick things off with our commercial loan calculator to see estimated repayments.
Purchase price
$
1,234,567
Deposit available
$
123,456
Loan term
30
years
Interest rate
3.00
%
repayments
$0/month*
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