OFFERS OVER $900,000The SitePositioned in the heart of Mount Hutton, the property enjoys an excellent aspect with a wide frontage to Wilson Road. The site is mostly cleared and offers very good street access, with a total frontage of approximately 164.15m, a depth of approximately 148.19m and 144.54m respectively, giving the site an overall area of approximately 11620sqm. The property is directly across from the Mount Hutton Centro shopping centre. Being so close to the shopping precinct is the key value of a potential development and will enhance saleability of the project. The site is also close to a number of other facilities in the area:* Warners Bay and Lake Foreshore* Charlestown CBD* Belmont Hospital* Public transport at the front doorDevelopment Potential53 Wilson Road, Mount Hutton is currently zoned 2(2) medium to high density under the Lake Macquarie City Council LEP. Some potential development options would be:* Small (20-22 lot) residential subdivision* SEPP 5 (over 55′s) residential development with a potential yield of 22-30 units* Residential development with a potential yield of 20-25 mixed use townhouse and villa construction