Knight Frank is pleased to offer 575 -579 Freemans Drive, Cooranbong to the market for sale by Expressions of Interest.
This is a unique opportunity to expand and develop the retail precinct of a rapidly growing suburb surrounded by an established residential precinct and major retirement communities.
- Site area 9,257 sqm*
- Dual frontage to Freemans Drive and Alton Road
- 108 m* Street frontage
- Zoned B1 Neighbourhood Centre
- Suited to a multitude of use for development including childcare, healthcare, retail, service centre, commercial and mixed use options STCA
- Positioned on a major arterial road within a growing residential and retirement locality
- Easy access from the Pacific Highway
- Adjoining an established neighbourhood shopping centre
- Located opposite a seniors living estate
- 9 km* from Morissets Town Centre, 50 km* south of Newcastle and 120 km* north of Sydney
Expressions of Interest close Thursday 29 October 2020.
*Approximately
The size of Cooranbong is approximately 70.4 square kilometres. It has 12 parks covering nearly 14% of total area. The population of Cooranbong in 2011 was 5,029 people. By 2016 the population was 5,459 showing a population growth of 8.6% in the area during that time. The predominant age group in Cooranbong is 20-29 years. Households in Cooranbong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cooranbong work in a professional occupation. In 2011, 67.8% of the homes in Cooranbong were owner-occupied compared with 70% in 2016.
Cooranbong has 3,825 properties. Over the last 5 years, Houses in Cooranbong have seen a 67.64% increase in median value, while Units have seen a 45.48% increase. As at 30 November 2024:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.