BY: ARIANA GATTI
Land has been cleared ready for construction to begin on a new high-rise apartment and commercial building in the Lake Macquarie area.
The 16 storey Highpoint tower is set to be the largest building in Charlestown, with work to begin as early as next week.
With its completion dated for 2020, the construction will feature an extensive three-level basement, reserving the ground floor for commercial space, with one-to-three bedroom apartments on the levels above.
It's believed the building will attract considerable interest from buyers of all age demographics and will be suitable for those who seek to be close to larger shopping precincts.
Mayor for Lake Macquarie, Kay Fraser, says location is everything when it comes developing apartment blocks and seeing success.
"Council has always had a view that we need to intensify our town centres, so being situated near parks and shopping centres will do that for us", she says.
"With the number of apartments going in, it will be providing that necessary housing for the Charlestown area".
A design impression of the new Charlestown apartment building:
Image Sourced: Newcastle Herald - https://www.theherald.com.au/story/4902293/new-highpoint-at-the-lake-pictures/