70 Craigie AvenueKanwal NSW 2259
Property Details for 70 Craigie Ave, Kanwal
Last Listing description (September 2023)
LAWD is delighted to present a long held Medical/Mixed use infill development site opposite Wyong Hospital and Tuggerah Lakes Private Hospital. Favourable site-specific controls promote Medical and related uses on the site, including research, life sciences and education (STCA).
The gateway site, totalling 2.78ha* benefits from three street frontages and boasts an extensive 199m* frontage to the Pacific Highway. The majority of the property has a flexible E3 Productivity Support zoning, allowing a wide range of uses to an allowable FSR of 1.5:1, including but not limited to, shop-top housing, offices, education, childcare centres, industrial, retail, function centres and services stations (STCA). 1)Full list of permitted uses STCA provided below.
Notably, the property benefits from a site-specific planning overlay (Kanwal Enterprise Zone - KEZ). The KEZ zoning promotes Medical and related uses on the site including research, life sciences and education (STCA), providing an FSR of 2:1 and an allowable height up to 20m (STCA).
Located on the NSW Central Coast growth corridor, the property is only 112km* to Sydney and 74km* to Newcastle. Kanwal has established as a major health hub with the recently extended hospital now catering for 300* beds, University of Newcastle on site Podiatry Student training, Tuggerah Lakes Private hospital (stage one comprising three* operating theatres and 20* beds) and Kanwal Medical Centre. The immediate vicinity is well represented by seniors and aged care living facilities further underpinning the need for ongoing medical services in the area.
Key Property Features:
Prominent 2.78ha* site with three street frontages
199m* exposure to the Pacific Highway
Flexible E3 Productivity Support zoning (site contains part C2 Environmental Conservation and SP2 Infrastructure Classified Road zoning land)
Located within the heart of Kanwal's medical district, adjacent to Wyong Public Hospital and Tuggerah Lakes Private Hospital
Favourable site-specific bonuses for Medical, Life Sciences and related education uses (STCA)
Allowable height up to 20m and a 2:1 FSR (Kanwal Enterprise Zone bonus) (STCA)
Strong Central Coast demographic profile
Prime Central Coast location (112km* to the Sydney CBD and 74km* to the Newcastle CBD)
The owners will also consider a part sale of the site and pre-commitment lease enquiries
*Approx
The property is offered for sale by Expression of Interest closing 3pm (AEST) Thursday 14 September 2023.
LAWD
Andrew Graham 0412 448 455
Joseph Yang 0431 301 635
1) Zone E3 Productivity Support Permissible Uses:
Boat building and repair facilities
Business premises
Centre-based childcare facilities
Community facilities
Depots
Food and drink premises
Function centres
Garden centres
Hardware and building supplies
Hotel or motel accommodation
Industrial retail outlets
Industrial training facilities
Information and education facilities
Kiosks
Landscaping material supplies
Light industries
Local distribution premises
Markets
Mortuaries
Neighbourhood shops
Office premises
Oyster aquaculture
Passenger transport facilities
Places of public worship
Plant nurseries
Recreation facilities (major)
Recreation facilities (outdoor)
Animal boarding or training establishments
Research stations
Respite day care centres
Rural supplies
Service stations
Shop top housing
Specialised retail premises
Storage premises
Take away food and drink premises
Tank-based aquaculture
Timber yards
Vehicle body repair workshops
Vehicle repair stations
Vehicle sales or hire premises
Veterinary hospitals
Warehouse or distribution centres
Waste or resource management facilities
Water recycling facilities
Water reticulation systems
Wholesale supplies
Recreation areas
Recreation facilities (indoor)
Property History for 70 Craigie Ave, Kanwal, NSW 2259
- 02 Aug 2023Listed for Sale Contact Agent
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About Kanwal 2259
The size of Kanwal is approximately 2.5 square kilometres. There are 13 parks, covering nearly 13.3% of the total area. The population of Kanwal in 2016 was 4099 people. By 2021 the population was 4194 showing a population growth of 2.3% in the area during that time. The predominant age group in Kanwal is 10-19 years. Households in Kanwal are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kanwal work in a community and personal service occupation.In 2021, 66.90% of the homes in Kanwal were owner-occupied compared with 69.40% in 2016.
Kanwal has 1,673 properties. Over the last 5 years, Houses in Kanwal have seen a 24.62% increase in median value, while Units have seen a 31.65% increase. As at 31 August 2026:
- The median value for Houses in Kanwal is $825,507 while the median value for Units is $688,582.
- Houses have a median rent of $630 while Units have a median rent of $365.
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