- The property provides an opportunity for redevelopment with the astute developer taking advantage of the strategic location of the site in an area which is undergoing rapid growth with concept plans for six townhouses are available.
- The property itself is located in the high growth suburb of Boolaroo. The growth is attributed to a major infrastructure upgrade linking the area directly to one of the regions largest Business Parks. The linking of Munibung Road in Cardiff has seen primary land subdivisions undertaken including Bunderra Estate.
- The area is serviced by local amenities including transport, strip retail and Schools. Local government strongly support the area with Local council headquarters as well as Lake Macquarie library nearby. Surrounding the suburb is a number of Hotels and bowling clubs, as well as a variety of parks and exercise tracks for families.
Site Area - 1,618sqm*
Zoned - R2 Low Density Residential
40m* site frontage
Concept plans prepared for six townhouses
For sale via Private Treaty - $950,000 (plus GST)
For more information please contact Tim Woolf or Ben King of Colliers International.
*Approx.
The size of Boolaroo is approximately 2.7 square kilometres. It has 5 parks covering nearly 3.6% of total area. The population of Boolaroo in 2016 was 1039 people. By 2021 the population was 1636 showing a population growth of 57.5% in the area during that time. The predominant age group in Boolaroo is 30-39 years. Households in Boolaroo are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Boolaroo work in a professional occupation.In 2021, 63.50% of the homes in Boolaroo were owner-occupied compared with 67.80% in 2016.
Boolaroo has 1,485 properties. Over the last 5 years, Houses in Boolaroo have seen a 87.78% increase in median value, while Units have seen a 64.86% increase. As at 30 November 2025:
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