12-14 Jennings Road

Wyong NSW 2259

Calling all developers and investors this is a rare opportunity to secure a DA approved site in a high growth, strategic location. Offering a 3,149m2 of R3 medium density allotment. The DA provides for the construction of 35 luxury apartments comprising of a diverse application of 3 bedroom, 2 bedroom and 1 bedroom floor plans. Currently there are 2 existing homes on the land, one 3 bedroom brick home and a 2 bedroom fibro clad home (requires work) allowing a rental income if desired. Wyong Shire is a growing residential area located between Sydney and Newcastle. It is a world away from the pressures and pollution of its big city neighbours and boasts 35km of beautiful coastline (twice the foreshore of Sydney harbour). It also has shimmering lakes, verdant rural valleys and an unspoiled mountain backdrop. The area includes the major service centre of Wyong Tuggerah, with a large Westfield centre and business park; and a number of other retail shopping precincts in numerous smaller townships spread around the Tuggerah Lakes system. The region boasts a dynamic tourism industry, a skilled and motivated workforce, opportunities for commercial investment, living affordability and ease of access to both Sydney and Newcastle. The area is just one hour?s drive from both cities with good transport links on the M1 Motorway, Pacific Highway and Sydney to Brisbane rail line. The proposed High Speed Rail on the east coast of Australia is planned to run through Wyong Shire with one stop at Ourimbah. Today the population is more than 155,000, with projections for this to grow to over 203,000 by 2031. To meet the projected population growth it is estimated that an additional 22,000 dwellings and 45,000 new jobs will be needed by 2031. Located only minutes to Wyong CBD, Wyong Rail Station, Westfield Tuggerah, access to the M1 motorway and the thriving Tuggerah Business Park. Wyong is just over an hour's drive from Sydney, and is a good base for starting your visit to Tuggerah Lake and the beautiful Yarramalong Valley. Lake Munmorah, Budgewoi and Tuggerah Lakes are the dominant water-based features of the area. Popular beaches include Bateau Bay, Toowoon Bay, Blue Bay, The Entrance, The Entrance North, Soldiers Beach at Norah Head, The Lakes and Budgewoi beaches. The area boasts some of Australia's most rugged and scenic national parkland and recreation areas forming an impressive backdrop for the sweeping rural areas and coastal plains. For further information or to view the plans and approved DA please contact Murray Field or Brad Barker on 4396 6300.

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