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2 Wyndella Road
Lochinvar NSW 2321
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Sold on 5 Aug 2024

2 Wyndella Road Lochinvar NSW 2321

  • Development / Land
  • 4.17 ha
  • Sold

Strategically located site in identified urban growth area

  • Identified area for urban growth
  • High population growth precinct
  • Zoned RU2 Rural Landscape

The property comprises a 4.171 hectare* site with potential residential development upside, strategically located on a key intersection between the Lochinvar and Anambah Urban Release Areas.

The site is currently zoned RU2 Rural Landscape, however is within a future investigation area and identified in the Hunter Regional Plan 2041. The property is currently improved with a brick veneer home, sheds, garage, stables and equine arena.

The population of the city is forecast to grow by an additional 54,800* residents, with an average annual growth rate of 2.4%* to home over 144,550 residents by 2041 (DPE 2022). The annualised growth rate from 2016-2021 was 2.7%*, compared to 1.0% for the Newcastle LGA and 1.3%* for the Hunter Region.

There has been a spike in pricing within the Maitland LGA over 2022 and 2023 due to increased net migration to regional markets post Covid-19, with our research indicating that serviced residential land in the western corridor of the Maitland LGA had a compound annual growth rate (CAGR) of 10.15%* from 20152023.

The property is For Sale by Expressions of Interest closing Thursday 9 May 2024 at 4pm (AEST).

For more information, please contact Peter Macadam or Ben Robinson.

*Approximate

EXPRESSION OF INTEREST

Closing date and time09/05/2024 16:00
Recipient nameAsk Agent
Delivery addressGround Floor, 18 Honeysuckle Drive, Newcastle
Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300

Property Highlights

Date Sold5 Aug 2024
Floor AreaAsk Agent
Land Area4.17 ha
ParkingAsk Agent
Property ID2019145448
Category
Last updated  16 Aug 2024
Map for 2 Wyndella Road Lochinvar NSW 2321

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Colliers Newcastle
Colliers Newcastle
Ground Floor, 18 Honeysuckle Drive
Newcastle, NSW 2300

Property Highlights

Date Sold5 Aug 2024
Floor AreaAsk Agent
Land Area4.17 ha
ParkingAsk Agent
Property ID2019145448
Category
Last updated  16 Aug 2024

Co-Agents

Peter Macadam
Peter Macadam
Colliers Newcastle
Call
+61 402 074 159
Ben Robinson
Colliers Newcastle
Call
0402211392

More about 2 Wyndella Road Lochinvar NSW 2321

2 Wyndella Road Lochinvar NSW 2321 is categorized as Land & Development Property. It has a land area of 4.17 ha. The listing ID for this property is 2019145448.

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