Property Buzz

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A significant portion of Mount View Grange, a master planned community in the Hunter Valley wine region, has been put on the market.

The development, located at 79 Balangara Way in Bellbird, consists of 1,681 DA-approved lots on 240 hectares in the Cessnock Local Government Area.

Key details of the sale include:

  • 1,217 DA-approved residential lots and a 27,000sq m Town Centre super lot are available
  • The land for sale totals approximately 219 hectares
  • 299 lots have been completed to date, with 165 currently under construction
  • Approximately 350 lots have already been sold

Grant Bulpett, who is handling the sale along with Mark Litwin on behalf of WST Property Group, said: “Mount View Grange is one of the only development-approved master planned communities that can deliver a long-term housing pipeline to the emerging marketplace in the Hunter and Newcastle regions.”

The property is being marketed as a unique opportunity in a growing region, benefiting from:

  • Proximity to Sydney (130km north) and Newcastle (50km east)
  • Access to major infrastructure including the Port of Newcastle and Newcastle Airport
  • Location near the world-renowned Hunter Valley wine region

Mark Litwin noted potential for increased density, stating: “There is scope and potential to increase density via a State-led medium-density scheme that has local council support.”

The approved town centre site within Mount View Grange is planned to include a full-line major supermarket, over 20 specialty stores, non-retail floorspace, and an entertainment precinct.

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The Expressions of Interest campaign for the property will close at 3pm (AEST) on Thursday, August 29, 2024.

This sale represents a significant opportunity for developers looking to invest in the growing Hunter Valley region, with the potential to shape a substantial portion of the Bellbird North Urban Release Area.

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