Situated on the corner of Munibung Road & Cressy Road sits an irreplaceable development opportunity within Lake Macquarie. This fantastic opportunity neighbours both major retailers Bunnings & Costco. The site is predominately level and benefits from two street frontages with 160 metres* frontage to Cressy Road and 66 metres* to Munibung Road.
The property is well located within the Cockle Creek precinct, which forms part of the North West Lake Macquarie Catalyst Area at the northern end of Lake Macquarie. The North West Catalyst Area offers a rare opportunity to deliver a once in a generation urban renewal providing new retail, services, advanced manufacturing, knowledge-based jobs and affordable housing close to recreation and public open space.
The desired future for the Cockle Creek Precinct is to establish an iconic City landmark that will generate excitement, attract visitors, workers and customers from outside of the City, create employment opportunities, contribute to the economic diversification and development of the City and promote Lake Macquarie's leading role in the region and state. The Cockle Creek Precinct Area Plan has been prepared to provide an updated vision, objectives and development controls for this growing area of the City. The update will facilitate the delivery of contemporary retail, light industrial, business park, residential and open space development, consistent with outcomes envisaged for the North West Lake Macquarie Catalyst Area.
For Sale by Expressions of Interest closing Thursday 1 August 2024 at 4pm (AEST).
Please get in contact with either Peter Macadam or Nick Christensen should you require further information.
*Approximate
