44 York Street, Teralba NSW 2284

This 1014sqm landholding (20.115m X 50.39m) sits in the heart of lakeside Teralba, just 350m from the train station. It falls within the NSW Government's new Transport Oriented Development (TOD) zone, designed to fast-track housing close to key public transport. Under the TOD reforms, blocks like this (within 400m of a Metro or suburban rail station) can now be developed into residential flat buildings, regardless of their current zoning. That opens the door to low to mid-rise apartment projects and makes this site a smart move for forward-thinking developers.

All perspective purchasers are asked to make their own enquiries regarding this block. Further information can be found here:
https://www.planning.nsw.gov.au/policy-and-legislation/housing/transport-oriented-development-program

Current concept plans for a childcare or 6 unit development are available on request.

Lifestyle:
The rejuvenation of Teralba is injecting fresh energy into this once-sleepy lakeside suburb on the edge of stunning Lake Macquarie. Locals and visitors alike can cycle, stroll, or picnic along the shoreline, or head out onto the water for kayaking, paddle-boarding, boating, or fishing. The vibrant alfresco café scene at nearby Warners Bay adds to the lifestyle appeal, while bushwalking and mountain biking in the surrounding national parks offer even more ways to explore the outdoors. There's surf to master at a choice of nearby beaches and space for families and pets to roam at the 2-hectare, fully fenced Speers Point Park. With several major shopping centres close by, there's no shortage of retail, dining, and entertainment options either.

Location:
Positioned on the northwestern corner of Lake Macquarie, Teralba is 22kms from Newcastle CBD. Bordered by the busier suburbs of Toronto, Warners Bay and Glendale, it enjoys momentary access to a choice of major shopping centres as well as key health facilities at Belmont and Warners Bay Private Hospitals. There are good transport links to Newcastle city centre and trains from Sydney stop regularly at Morisset and Fassifern. Teralba Public school is just 350m away with Lake Macquarie High and St.Paul's Catholic College at Booragul for older children.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.