More homes for north
Jess Verrender
ANOTHER development site in the Warnervale Town Centre has been sold with a parcel of Woongarrah land collecting $6.4 million.
This highly sought-after subdivision site was bought by a Hong Kong developer who has appointed a local project manager.
The 5.6 ha residential subdivision site along Hiawatha Rd can include up to 85 lots.
The property is part of masterplanned Warnervale the Central Coast’s largest development and growth areas with projections of 40,000 new residents over the next 20 years.
The land was sold by Matrix Property Group whose spokesman Godfrey Franz talked up the future subdivision as a huge drawcard for first home buyers.
“A nearby estate on Sparks Rd recently released 60 lots and they completely sold out before Christmas,” Mr Franz said.