Opportunities to secure substantial MU1 Mixed Use zoned land within Morisset's rapidly expanding town centre are becoming increasingly rare.
Positioned on a generous 1,012sqm parcel in one of Lake Macquarie's strongest growth corridors, 9 Yambo Street presents an exceptional opportunity for developers, investors, and land bankers looking to capitalise on the area's continued growth and demand.
The MU1 Mixed Use zoning provides outstanding flexibility for a variety of future development outcomes (STCA), including residential, commercial, retail, or integrated mixed-use projects. Adding further appeal, the property benefits from rear lane access via Lindon Lane, offering additional convenience and flexibility for future site planning and development design.
The property has previously received Development Approval (DA) for a purpose-designed boarding house, demonstrating its development potential. Details of the previous approval and associated plans are available upon request.
With Morisset continuing to experience significant population growth, infrastructure investment, and increasing demand for housing and commercial services, this is a rare chance to secure a strategically located site within the heart of the town centre. Positioned within walking distance of Morisset Shopping Centre, the train station, schools, cafes, medical facilities, and major services, the property is ideally placed to benefit from the area's ongoing transformation.
The existing residence provides immediate holding income potential or comfortable occupancy while future plans are explored. The charming home features three bedrooms, a spacious living area, front and rear patios, and a versatile downstairs store/playroom complete with a second bathroom. The deep backyard is shaded by established trees and further enhanced by rear access from Lindon Lane.
Whether you're seeking a development site with strong future potential, a strategic landholding in a high-growth location, or a property offering both immediate usability and long-term upside, 9 Yambo Street represents an outstanding opportunity.
Property Highlights:
- 1,012sqm* MU1 Mixed Use zoned site
- Outstanding development potential (STCA)
- Rear lane access via Lindon Lane
- Prime location within Morisset's growing town centre
- Walking distance to shops, cafes, schools, medical facilities and train station
- Existing three-bedroom residence providing holding income potential
- Large downstairs store/playroom and second bathroom
- Deep backyard
- Easy access to the M1 Motorway, Newcastle and Sydney
Prime Location:
- Approx. 500m to Morisset Public and High School
- Approx. 650m to Morisset Shopping Centre
- Approx. 1km to Morisset Train Station
- Approx. 8.5km to Avondale School Campus
- Approx. 8.6km to Avondale University Campus
Secure your private inspection today by calling Brad Renshaw on 0400 109 191, or visit during one of our scheduled open homes. Don't miss the chance to turn this exceptional property into your dream home!
