Block size: 508 m² approx.Townhouse size: 385 m² approx.
Main Street Development Opportunity
Residential Development Opportunity on Main Street
This property boasts 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.
Inspections
No open inspections scheduled.
Send an enquiry
Contact Jason Maxwell to learn more about this property, request an inspection or take an online tour.
Key details
Bedrooms:
2
Bathrooms:
2
Property type:
Townhouse
Block Size:
508 m²*
Other Details
Townhouse Size:
385 m²*
*These are approximate values based on available information.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.
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Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.