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Overview
Set on a substantial 8,039 square metres, this development site at 29 Garawon Place in Fletcher offers an exceptional opportunity for residential project developers and investors. The land presents a versatile canvas with approved development applications, enabling the construction of 14 three-bedroom townhouses spanning approximately 1,606 square metres of building area.
Strategically located in one of Newcastle’s growth corridors, this predominantly R2 Low Density Residential zoned site invites exploration of alternative configurations, including a potential mix of house lots, duplexes, and townhouses, subject to council consent. Its generous frontage of 28.6 metres and the spread of lot sizes from 236sqm to 873sqm provide flexibility to tailor developments to market demands.
- Expansive 8,039sqm land area ideal for multi-unit residential development
- Existing DA approval facilitates immediate progression on 14 townhouses
- Alternate development possibilities include mixed housing formats (STCA)
- Potential for community-centric uses such as childcare, education, and group homes
- Comprehensive supporting documentation including ecological assessments and consultant reports
- Not impacted by registered easements, flood zones, and subject to BAL 29 bushfire rating
This property is particularly suitable for developers seeking a well-positioned residential site with approved plans and scope for adaptation. Its location within a growing residential catchment means it holds promising appeal for owner-operators, community service providers, and childcare or education groups aiming to establish facilities in a residential setting.
Overall, 29 Garawon Place represents a rare, large-format opportunity combining development readiness with strategic location advantages in the Newcastle region.
Local Market Insights
In Newcastle And Lake Macquarie, Quiet Listings observed 19 new parcels of land entering the market over the last 30 days, unchanged from 19 in the prior period, with an average advertised asking price of $1,893,421. The property type mix of listed properties is predominantly Houses at 74%, followed by units (5%), and townhouses (4%). The most active agency for land in the Newcastle And Lake Macquarie area is currently Canford Estate Agents, representing 16% of new listings, followed by Ray White with 11%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| For Sale | |
| For Sale: Contact Agent |
Location
Market Insights for Fletcher NSW 2287
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