An irreplaceable acreage set across 11.4 hectares within walking distance to the shoreline of Lake Macquarie and 10 minutes to pristine local beaches. This rare property and its corner block frontage has rich history as the old Lakes Anglican Private School. Positioned between existing residential suburbs of Summerland Point, Gwandalan and the developing 623 lot residential estate of Crangan Bay.
KEY DETAILS:
Council Rates $2,991pa
Water Rates $484pa
A huge 11.4 hectares of privacy with mostly manicured lawns
Walking distance to shops, cafes, boat ramps and industrial/medical
Positioned close to nearly 3,000 homes with huge needs for future development
The footprint, structure and underground services of the old school still exist
Zoned C3, same as neighbouring properties with residential homes
Bitumen sealed driveway with roundabout and car park
Old zoning was 7(b) and had potential for tourism park STCA
An existing dam is located within the middle of the property
60mins to Wahroonga, 45mins to Newcastle, 10mins to M1 Freeway