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Fantastic Development Opportunity 1403m2 block zoned R3 Medium Density Residential, STCA, with 2 road frontages.

Walking distance to the heart of Wyong Town Centre, including Railway Station, Local Schools, TAFE, The new ART House, Shops, Clubs as well as Lakes and Beaches.

Unique/Positive Development attributes:

FEATURES:

+ Prominent Gateway Development Site
+ R3 Zoning (Residential Flats Site potential 15-20 units) or (Boarding House 20-30 rooms)
+ Multiple development options with flexible zoning.
+ Two road frontage (great development site on its own allotment with no amalgamation required)
+ Existing House (Tenanted with holding income)

Currently has a 3 bedroom home with large eat-in kitchen, sunroom, front verandah and a carport.

The home is a good source of rental income for the investor or developer, currently rented at $380pw.

All town services available – Power, Phone, Sewer & Water
- Only a 50 minute drive north of Sydney and less than an hour drive from Newcastle!

A superb investment in a great location.

Call Diana Systermans for more information on 0497 712 837 or email diana@ozwayrealty.com.au