EOI CLOSED - BIDS NOW UNDER ASSESSMENT. On behalf of The Landowners, CBRE is seeking expressions of interest from suitably experienced and capable parties (or consortia) to drive a part residential re-zoning process at 81 & 93 Russell Road, Morisset. Highlights of the development opportunity include: • 115.26 hectares* / 285 acres* of rural freehold land across 14 titles • Landmark location north of Morisset town centre and South of Dora creek • Strategic centre located to act as an intermediary between Newcastle Metropolitan Area and Greater Sydney • Positioned within proximity of several social, health and education facilities • Potential for structured project delivery terms • Council support for re-zoning to residential use to further meet housing needs (STCA) • Action plan identified in the Lake Macquarie Local Strategic Planning Statement (LSPS) to review the economic centre’s land use • Existing improvements comprising of four cottages, a cabin and two boarding houses with eight and nine bedrooms The Landowner is seeking EOI from suitably experienced and capable parties who are interested in developing the site through a structured agreement with the Landowners. Expressions of interest (EOI) must be lodged by no later than Thursday, 31st October 2024 at 4pm (AEST).
Email enquiry to CBRE - Sydney North
Property ID: 504694648