42 Ward Street
Maitland, NSW 2320

This exceptional property at 42 Ward Street, Maitland, offers a rare and significant development opportunity in the heart of Maitland's central business district. Spanning a generous land size of 1,829 square metres, this site is perfectly positioned within a vibrant and rapidly growing urban area of the Hunter Valley, known for its strong demand and high growth potential.

The land is zoned MU1: Mixed Use, providing outstanding flexibility for a variety of development projects including commercial, residential, or combined uses, subject to council approval. Currently, the site hosts a large shed and a partially demolished house, with an approved Development Application (DA) for the demolition of the existing single dwelling and the construction of a two-storey home. The site is flat and benefits from upgraded drainage infrastructure, facilitating ease of development.

Strategically located, the property offers excellent access to a wide range of amenities and transport options. It is within walking distance to the Maitland CBD, train station, bus services, cafes, supermarkets, boutique retail outlets, restaurants, medical facilities, schools, sporting venues, and parks. Additionally, it provides quick road access to the New England Highway and the Hunter Expressway, enhancing connectivity for future occupants or businesses.

The property's generous frontage and depth allow for streamlined site access and flexible layout options. This is particularly advantageous for maximizing floor area, parking provisions, and street exposure, which are critical factors for commercial enterprises or residential developments designed for live-work functionality.

Development potential is broad, making this site ideal for townhouses, apartments, office suites, medical or allied health premises, among other uses, all subject to council approval. The location is within one of the Hunter region's fastest-growing and most sought-after urban centres, where land parcels of this size are increasingly scarce.

The current owner is selling due to a change in circumstances, and the site is considered a de-risked development opportunity within the Maitland CBD. Multiple development options exist, supported by a range of available reports including BASIX, stamped DA plans for the knockdown and rebuild, statement of environmental effects, flood assessment, noise impact statement, heritage impact statement, waste management plan, and NatHERS certificate.

The MU1 Mixed Use zoning aims to encourage a diverse mix of business, retail, office, and light industrial land uses that generate employment opportunities. It promotes active street frontages to attract pedestrian traffic and contribute to vibrant, diverse, and functional streets and public spaces. The zoning also seeks to minimize conflicts between land uses and encourages business, retail, community, and other non-residential uses on the ground floor of buildings.

Permitted uses without consent include home industries, while a broad range of uses are permitted with consent, such as amusement centres, attached dwellings, boarding houses, car parks, childcare facilities, commercial premises, community facilities, entertainment venues, function centres, home-based childcare, hostels, educational facilities, light industries, medical centres, multi-dwelling housing, passenger transport facilities, places of worship, recreation facilities, registered clubs, residential flat buildings, respite day care centres, shop top housing, tourist accommodation, vehicle repair stations, and others not specified as prohibited.

Prohibited uses include agriculture, air transport facilities, animal boarding, boat launching ramps, camping grounds, caravan parks, cemeteries, correctional centres, crematoria, depots, eco-tourist facilities, exhibition homes and villages, extractive industries, farm buildings, forestry, freight transport facilities, heavy industrial storage, helipads, highway service centres, sex services premises, industrial training facilities, jetties, marinas, mining, major recreation facilities, residential accommodation, resource recovery, rural industries, sewerage systems, transport depots, truck depots, vehicle body repair workshops, warehouses, waste disposal, water recreation structures, wharfs, and wholesale supplies.

Nearby developments provide evidence of the area's growth and potential, including affordable housing developments, serviced apartments, multi-dwelling and commercial premises, and townhouse projects, all within close proximity to 42 Ward Street.

This property represents a unique chance for developers and investors to secure a substantial landholding in a prime location with multiple development pathways and strong growth prospects.