TEST

STATUS

Completed

PROJECT TYPE

Site sale (off-market)

ACQUIRED BY

Rawson Group

VENDOR

Aspen Group

Fern Bay

Stockton Beach

LOTS

822

SALE VALUE ($)

15 M+GST

The Opportunity

Fern Bay represents a significant off-market residential land acquisition and a major 822-lot subdivision opportunity.

The principals played a key advisory role in identifying the site and positioning it as a strategic coastal landholding. Its scale and configuration support multiple release stages and the sustained delivery of new housing over time.

The Masterplan

The proposed 822-lot residential subdivision provides a substantial long-term development opportunity within the Newcastle growth corridor.

The project is positioned to benefit from continued inward migration, regional lifestyle demand and the strong employment fundamentals associated with Newcastle CBD and Newcastle Airport.

The Location

Fern Bay is located near Stockton Beach within Newcastle’s coastal growth corridor. Its combination of scale, strategic connectivity and coastal setting establishes it as an important long-term residential landholding within the region.