Unlock the potential of this exceptional development site, boasting unparalleled exposure and a level landscape, perfectly positioned in a high-growth area with proximity to Wyong Hospital and other essential services, ensuring strong demand for future projects.
Wyong Hospital, which recently benefitted from an NSW Government $200 million redevelopment project significantly enhancing healthcare on the Central Coast in this region and meeting the growing needs of the local community.
Zoned RU6 - Transition, 595 Pacific Highway Kanwal is 4,047m2* with a superbly central location between the Sydney and Newcastle, the property suits a developer searching for a site to add value by way of medical precinct development, retail strip shops with drive thru and car wash options, with all proposed uses subject to council approval.
Key Features:
Premium Exposure: Situated on the Pacific Highway, offering high visibility for future developments.
Level Land: A flat, easily accessible site, minimizing construction costs and maximizing design possibilities.
Prime Location: Nestled in a rapidly expanding residential area with proximity to leading hospitals, schools, shopping centres, and public transport.
Growth and Investment Potential:
Rapid Population Growth: The Central Coast population has surged, forecast to grow to 412,500 people by 2046, with projections indicating continued growth of 0.68% annually.
Infrastructure Upgrades: The area will benefit from a Federal and NSW Government commitment of $200 million to Wyong Hospital upgrades and $420 million in infrastructure enhancements, widening and upgrading the Pacific Highway through the Wyong Town Centre.
Booming Residential Demand: With over 14,455** new homes planned for the area to 2046 and several large-scale residential projects in development, this area is transforming into a vibrant, thriving community.
Endless Potential: Perfect for a new medical precinct or mixed-use retail development.
*Approximate
**Source: forecast.id
Please contact Ben Purdue 0450 719 600 or Tom Bore 0402 938 144 today to receive more details on this outstanding development opportunity!