Colliers is pleased to offer an exceptional residential development opportunity located at 12-16 Seaview Street, Kotara.
Situated only 200 metres* from Kotara Station and just 6.8 kilometres* from Newcastle's CBD, the site is well serviced by public transport and has an abundance of local parks and amenity within walking distance.
Comprising three contiguous dwellings, the amalgamated holding offers the first Transport Orientated Development (TOD) site presented to market in the Newcastle region.
The sites enjoy an elevated north / east aspect with rear street access available from Railway Avenue in Kotara.
Key features include;
• Site Area 2,403m²*
• Transport Orientated Development (TOD) State Environmental Planning Policy (SEPP)^
• TOD Maximum Floor Space Ratio (FSR) 2.50:1^
• TOD Maximum Height of Building (HOB) 22 metres^
• TOD Maximum Gross Floor Area (GFA) 6,008m²^
Situated in an enviable location starved of new supply, close to Westfield Kotara, Kotara Train Station and the Newcastle CBD, this large and functional site is perfect for a sizeable residential apartment development.
For Sale by Expressions of Interest closing Thursday 22 August at 4pm (AEST).
*Approximately.
^Subject to Council approval (STCA)