5 Yambo Street, Morisset, NSW 2264 | Commercial for sale | OnTheHouse
 
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5 Yambo Street
Morisset NSW 2264

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 427m2
Land area: 2023m2
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DA Approved 75-Place Childcare Site with Existing Building

Prime Development Opportunity In Morisset's Growing Town Centre
Opportunities to secure development-ready land within Morisset's rapidly expanding CBD precinct are becoming increasingly rare. Positioned in one of Lake Macquarie's strongest growth corridors, 5 Yambo Street presents an exceptional opportunity for developers, investors, and land bankers looking to capitalise on the area's continued growth and demand.
Complete with DA approval for a 75-place childcare centre and an existing structure offering holding income or future flexibility, this versatile property delivers immediate value, significant development upside, and the opportunity to capitalise on one of the region's fastest-growing markets.
Comprising 2023m² of R3 Medium Density Residential zoned land (subject to survey), the site benefits from rear laneway access via Lindon Lane, providing flexibility for future development outcomes and site design (STCA). Adding further value, the property comes with an existing Development Approval for a 75 place preschool, creating an immediate opportunity for childcare operators and investors seeking to meet the growing demand for early learning facilities within the region.
An additional feature of the property is the existing Masonic Hall, offering potential for adaptive re-use, community-based purposes, or incorporation into future redevelopment plans (STCA). The existing improvements may provide flexibility for purchasers seeking to retain, repurpose or enhance the site while capitalising on its significant development potential.
Morisset has firmly established itself as one of the fastest-growing regional centres between Sydney and Newcastle. Its strategic location along the M1 Motorway and Main Northern Rail Line has made it increasingly attractive to commuters, families, and investors alike. Residents enjoy direct rail access to both Sydney and Newcastle, while the M1 provides convenient connectivity to major employment hubs, beaches, and lifestyle destinations.
The suburb continues to benefit from significant public and private investment, including residential expansion, commercial growth, and ongoing infrastructure upgrades. Morisset's thriving town centre offers an extensive range of amenities, including major supermarkets, medical facilities, cafes, restaurants, schools, childcare centres, and specialty retailers. Nearby attractions such as Lake Macquarie, Trinity Point Marina, and the Watagan Mountains further enhance the area's appeal, contributing to strong demand from both owner-occupiers and tenants.
Located within walking distance of Morisset CBD and the train station, 5 Yambo Street is ideally positioned to take advantage of the area's continued growth. With increasing demand for residential and community-based developments, the existing preschool approval and the flexibility offered by the existing Masonic Hall provide purchasers with multiple pathways to unlock the site's potential (STCA).
Key Features:
-2023m² of R3 Medium Density Residential zoned land.
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Property Details for 5 Yambo St, Morisset

Building Type
Commercial
Floor Size
427m2
Land Size
2023m2
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About Morisset 2264

The size of Morisset is approximately 26.9 square kilometres. There are 25 parks, covering nearly 50.9% of the total area. The population of Morisset in 2016 was 3213 people. By 2021 the population was 4078 showing a population growth of 26.9% in the area during that time. The predominant age group in Morisset is 70-79 years. Households in Morisset are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Morisset work in a professional occupation.In 2021, 55.60% of the homes in Morisset were owner-occupied compared with 63.20% in 2016.

Morisset has 3,068 properties. Over the last 5 years, Houses in Morisset have seen a 52.00% increase in median value, while Units have seen a 53.88% increase. As at 31 July 2026:

  • The median value for Houses in Morisset is $924,621 while the median value for Units is $665,535.
  • Houses have a median rent of $620 while Units have a median rent of $635.
There are currently 24 properties listed for sale, and 19 properties listed for rent in Morisset on OnTheHouse. According to Cotality's data, 131 properties were sold in the past 12 months in Morisset.

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