Prime Residential Landholding in a Sought-After Newcastle Growth Pocket

Description

CBRE is pleased to offer to the market 9 Burbank Close, Tarro NSW 2322 for sale via Private Treaty

Positioned in one of Tarro’s established residential pockets, this 685sqm* vacant landholding presents a rare opportunity to create a quality new home, or opportunity investigate future development potential (STCA).

This property has the following key investment highlights:

+ 685sqm* infill landholding with a 15m* frontage, offering a shovel-ready residential development opportunity within an existing suburban neighbourhood
+ R2 Low Density Residential zoning with a maximum building height of 8.5m and FSR of 0.6:1, suitable for a quality new home or dual-occupancy development (STCA)
+ Tarro: a well-connected suburb in Newcastle’s growth corridor, with the median house price rising 14.5%* over the past 12 months to $750,000*
+ City of Newcastle: the largest city in NSW outside of Sydney and a key growth region, with a population of 178,935, a Gross Regional Product of $22.11 billion, and forecast to grow to more than 205,000 residents by 2046
+ Positioned to capitalise on sustained demand for residential land across the Lower Hunter growth corridor

To be sold via Private Treaty

Please contact the exclusively appointed sales team for more information.

* Approx

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Contact agents
Leo Guzman Manager
+61 420 412 047
Will Carman Director
0477 666355
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Tarro, NSW

9 Burbank Close

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