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Sold on 8 Sep 2017

68 Deaves Road Cooranbong NSW 2265

  • Development / Land
  • 3 ha
  • Sold

Development Site

    The Property is situated in the locality of Cooranbong on the western side of Deaves Road and approximately 400 metres south of Freemans Drive. Freemans Drive is the main local arterial road linking Freeman's Waterhole in the north and Morisset in the south. The F3 Freeway (Now M1) between Sydney and Newcastle runs past Cooranbong, to the east of Freemans Drive, its closest local road connection is at Morisset about 5 kilometres to the south of Cooranbong.

    The Property offers an outstanding opportunity to purchase a development site with DA approval for an Over 55's Retirement Village.

    The Approval is briefly summarised as follows:

    - 131 Units over six stages with a community facilities;
    - Approved 17 August 2009;
    - 131 Residential car spaces;
    - 67 Visitors car spaces;
    - 2 disabled car spaces;
    - Total contribution fees of $1,074,205.95 (as indicated in the development consent).

    The owner has obtained substantial commencement of the DA, letter from Lake Macquarie Council confirming physical commencement has occurred in August 2014.

    Ross Cooper
    Knight Frank - Newcastle
    Ross Cooper
    Knight Frank - Newcastle

    Property Highlights

    Property ID2012899252
    Date Sold8 Sep 2017
    Floor AreaAsk Agent
    Land Area3 ha
    ParkingAsk Agent
    Category
    Last updated  8 Sep 2017
    Map for 68 Deaves Road Cooranbong NSW 2265
    Map for 68 Deaves Road Cooranbong NSW 226568 Deaves Road Cooranbong NSW 2265
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    • Purchase price

      $
      1,234,567

    • Deposit available

      $
      123,456

    • Loan term

      30
      years

    • Interest rate

      3.00
      %

    repayments

    $0/month*

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    Valiant can help you find the best loan for your business. Request a call back to speak with one of their experts or compare available commercial loans.

    Ross Cooper
    Knight Frank - Newcastle
    Ross Cooper
    Knight Frank - Newcastle

    Property Highlights

    Property ID2012899252
    Date Sold8 Sep 2017
    Floor AreaAsk Agent
    Land Area3 ha
    ParkingAsk Agent
    Category
    Last updated  8 Sep 2017
    Knight Frank - Newcastle
    Suite 1, Ground Floor 168 Parry Street Newcastle NSW 2300
    Ross Cooper
    Knight Frank - Newcastle
    Ross Cooper
    Knight Frank - Newcastle

    Ask Ross Cooper about this property

    Ross Cooper

    Ross Cooper

    Knight Frank - Newcastle

    0423 *** ***
    0423 761 955

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