Prime Residential Development Opportunity Unveiled in Booming Central Coast

Colliers is thrilled to introduce 90 & 100 Jensen Road, Wadalba NSW, a strategically positioned residential subdivision site in the heart of the thriving Central Coast. This impressive property boasts a meticulously prepared subdivision plan for over 80 lots, along with a comprehensive Development Application (DA) package, recently submitted to the council. Nestled in the high-growth area of Wadalba, this 7.05-hectare* land parcel stands as a testament to the escalating demand for residential lots in the region. The majority of the site is zoned R2 Low Density Residential, reflecting its suitability for a significant residential subdivision. With the Central Coast’s population on an upward trajectory, this development is poised to meet the local market’s surging appetite for residential properties. Ideally situated between the major urban hubs of Sydney and Newcastle, Wadalba offers seamless access to both cities, providing the perfect blend of urban connectivity and a relaxed lifestyle. The comprehensive DA package submitted lays out a clear roadmap for unlocking the full potential of the site, pending council approval.

“This development site at 90 & 100 Jensen Road, Wadalba NSW, is a beacon of opportunity in the thriving Central Coast real estate landscape. It is primed to be a cornerstone of the local housing market, pending council approval, and represents a pivotal landholding for discerning developers,” enthuses Thomas Mosca Joint Head of Sydney South West Investment Services at Colliers.

According to Peter Macadam, Director In Charge of Newcastle at Colliers, “The current market dynamics in the Central Coast are incredibly promising for developers. With a surge in demand for residential properties, coupled with the strategic location of Wadalba, this site presents an unmissable opportunity.”

Nick Estephen, Joint Head of Sydney South West Investment Services at Colliers, adds, “The growth figures for the Central Coast are remarkable. We’ve witnessed a steady influx of families and professionals seeking a vibrant yet serene living experience, making this development site a hot prospect for investors and developers alike.”

The property will be offered via an Expression of Interest campaign closing on Thursday, 23rd November 2023 at 2:00pm (AEDT). The vendor reserves the right to sell the property prior to this date.