North Rothbury, NSW

First mortgage funding in the sum of $461,000 is required by our borrower client to assist with purchasing the security properties.

The security properties are located in North Rothbury, NSW, 2335.

Highlights of the security properties include:

• Rectangular-shaped, inside allotments situated at street level.
• Area: Lot 309 land area of 480 m2. Lot 310 land area 336 m2.
• Location: Approximately 56.9km northwest of Newcastle.
• Frontages: One (1) x Marketfair Road (east).
• Train Station: Branxton Station is located 2.3km from the subject property.
• Zoning: MU1: Mixed Use under Cessnock Local Environmental Plan 2011.
• Local Government Authority (LGA): Cessnock City Council.

The land has been cleared and is positioned in a new residential subdivision with bitumen sealed roads, concrete kerb and guttering, grass verge with concrete footpath and street lighting. The sites are serviced with electricity, water, sewerage, telephone and NBN. The Contract of Sales has been signed by the vendor and purchaser.

The security properties are part of “Huntlee”, the newest township in the Hunter Region. The development is master planned to accommodate 20,000 residents, spread across three (3) villages surrounding a contemporary town centre.