FOR SALE
Guide $820,000

4 Margaret Street
Wyong NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 809m2
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DA APPROVED 6 UNIT RESIDENTIAL DEVELOPMENT SITE

This multi-unit development site delivers a fabulous opportunity to the astute investor/developer to secure a holding in a premium location close to the heart of Wyong CBD and a little over 1 hour North of Sydney.
There is a current DA Approval for a Residential Flat Building consisting of 6 units with the construction certificate having been issued.
Positioned on the edge of the CBD, the site has an R3 Medium Density Residential zoning, a total land size of 809 sqm with a 20 metre frontage..
* 809m2
* Zoning R3 Medium Density Residential
* Maximum building height 13m
* Floor space ratio 0.90
* DA Approval for 6 units; 1 x 1bed plus study, 1 x 3 bed, 4 x 2 bed with basement carparking.
The site also offers suitability for townhouses, child care facility, boarding room housing, disability housing - all subject to council approval.
Whether you are an investor or developer this is a rare opportunity to secure a quality site in a premium location.
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Property Details for 4 Margaret St, Wyong

Building Type
Land
Land Size
809m2

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About Wyong 2259

The size of Wyong is approximately 11.3 square kilometres. It has 20 parks covering nearly 22.4% of total area. The population of Wyong in 2011 was 3,631 people. By 2016 the population was 4,329 showing a population growth of 19.2% in the area during that time. The predominant age group in Wyong is 60-69 years. Households in Wyong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wyong work in a clerical occupation. In 2011, 55% of the homes in Wyong were owner-occupied compared with 54.3% in 2016.

Wyong has 2,973 properties.

    There are currently 30 properties listed for sale, and 28 properties listed for rent in Wyong on OnTheHouse. According to CoreLogic's data, 106 properties were sold in the past 12 months in Wyong.

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    David Manuelle
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