Colliers is delighted to present this prime B5 Business Development zoned land holding situated on the Pacific Highway. This significant land holding consists of four lots with flexible redevelopment potential, totalling 3.58 hectares* zoned E3 Productivity Support.
- The site is located on the western side of the Pacific Highway, travelling north towards Raymond Terrace. Heatherbrae is a town predominantly occupied by industrial dwellings and is located 25 kilometres* north-west of Newcastle CBD and 14 kilometres* west of Newcastle Airport.
For Sale by Expressions of Interest l For more information, please contact agents.
*Approximate.
Outlines indicative only.
The size of Heatherbrae is approximately 12.6 square kilometres. It has 4 parks covering nearly 0.3% of total area. The population of Heatherbrae in 2011 was 492 people. By 2016 the population was 503 showing a population growth of 2.2% in the area during that time. The predominant age group in Heatherbrae is 60-69 years. Households in Heatherbrae are primarily childless couples and are likely to be repaying $600 - $799 per month on mortgage repayments. In general, people in Heatherbrae work in a trades occupation. In 2011, 59.6% of the homes in Heatherbrae were owner-occupied compared with 36.4% in 2016.
Heatherbrae has 594 properties. Over the last 5 years, Houses in Heatherbrae have seen a 62.66% increase in median value, while Units have seen a 29.89% increase. As at 31 December 2024:
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