StrataChecks
SP105521·Strata Plan·Morisset

18 Prosperity Close

Morisset NSW 2264

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AT A GLANCE

No active disputesAGM held May 2025

12

total lots in this scheme

Managed by Larlacol Pty Ltd. Located in Morisset, NSW. 66 other strata plans nearby

Lots

12

Year built

2022

Last report

—

Boundary sourced from NSW Spatial Services (StrataHub).

About this building

18 Prosperity Close is a 12-lot commercial strata scheme in Morisset, registered in 2022 and now about 4 years old. It is managed by Larlacol Pty Ltd and is one of 67 strata plans in Morisset (Lake Macquarie council area). Every lot at 18 Prosperity Close (lots 1–12) is part of strata scheme SP105521, so the levies, by-laws and disputes below apply to all of them. We found no NCAT tribunal decisions naming SP105521.

Buyer's snapshot

Everything a buyer should know about 18 Prosperity Close, on one page

  • A red/amber/green verdict on each risk, with the evidence
  • Plain-English summaries of every tribunal and court case
  • Questions to ask the agent and strata manager
  • A PDF you can forward to your conveyancer

Plan Details

Plan Number
SP105521
Registered
2022-10-24
LGA
LAKE MACQUARIE
Postcode
2264

Lot Breakdown

Total Lots
12
Commercial
12

Building Age

4

years old

Registered 24 October 2022

Still within the major defects warranty period (6 years from completion in NSW)

Strata Manager

Larlacol Pty Ltd

Licence: 10105226

Last AGM: 31 May 2025

Possibly overdue

About 1 year agoNSW strata schemes must hold an AGM at least once every 12 months.

Annual Reporting

27 June 2025

Status

active

Disputes in Morisset

No published NCAT or court decision names a strata plan in Morisset — including this building. That is not the same as no disputes: most strata disputes settle or are decided without a published judgment, and only decisions that name a plan number can be matched to a building at all.

Comparable Buildings in Morisset

Other strata plans in the same suburb, ordered by similarity in building size.

BuildingLots
43 Accolade Avenue

SP105164

Managed by PICA Services Pty Ltd

12
30 Accolade Avenue

SP109999

12
41 Accolade Avenue

SP110196

13
19 Kalaf Avenue

SP108447

Managed by Bright & Duggan (Hunter) Pty Ltd

11
34 Alliance Avenue

SP77602

Managed by Independent Unit Management Pty Ltd

10
40 Accolade Avenue

SP106944

Managed by PICA Services Pty Ltd

10

Comparables are other strata plans in Morisset with similar lot counts.

Other strata buildings on Prosperity Close

More buildings managed by Larlacol Pty Ltd

Risk & History

Sales History

Recent Sales

DateUnitPrice
28 Feb 2025
Lot 11
62 m²
$350,000
21 Aug 2024
Lot 8
62 m²
$338,800
18 Apr 2023
Lot 7
63 m²
$330,000
23 Dec 2022
Lot 8
62 m²
$310,000
23 Dec 2022
Lot 9
62 m²
$341,000
29 Sept 2022
Lot 1
57 m²
$264,000
29 Sept 2022
Lot 2
56 m²
$264,000
22 June 2022
Lot 3
56 m²
$242,000
22 June 2022
Lot 4
57 m²
$242,000
22 June 2022
Lot 5
181 m²
$379,500

11 sales total

←

Source: NSW Valuer General. Prices are as reported in settlement data and may not reflect current market values. Sales marked “Price withheld” are excluded from price calculations.

Development History

Original Construction · 1 storey · 6 dwellings

Estimated cost: $1M · Assessed by Lake Macquarie City Council

Development Application

DeterminedNearby

Industrial development

$1M1 storey6 new dwellings
22 July 2023

PAN-54024

Looking for the builder or developer?

Search for the application number (e.g., PAN-54024) on the NSW Planning Portal Application Tracker to view the full DA details, including the applicant, builder, and principal certifier.

Source: NSW Planning Portal Open Data API (2019+). Earlier development applications may not be available. Items marked "Nearby" were matched by location proximity (within 100m) rather than direct plan number reference.

Crime Statistics

These statistics cover the entire Lake Macquarie local government area, not this specific property.

Around Average

Crime rates in Lake Macquarie LGA are similar to the NSW state average. (Oct 2024 - Sep 2025)

Source: NSW Bureau of Crime Statistics and Research (BOCSAR). Rates are per 100,000 population. Rank is out of 119 LGAs (1 = highest rate).

Neighbourhood

Suburb Profile

MORISSET, NSW 2264

67 strata plans·550 total lots·LAKE MACQUARIE

Transport Accessibility

D

Transport Score: D

Limited public transport access

T

Nearest Train

Morisset

1.8km away · ~23 min walk

B

Bus Stops

1 within 500m · 2 within 1km

Source: Transport for NSW GTFS data (CC BY 3.0 AU). Distances are straight-line (not walking). Walking times assume 80m/min. Transport Score is indicative only.

School Catchment Zones

This property falls within the following NSW government school intake areas.

Primary

Morisset PS

primary

Secondary

Morisset HS

high coed

Source: NSW Department of Education. Catchment zones are updated nightly and subject to change. Visit School Finder for official information.

STRATA MANAGER

Larlacol Pty Ltd

View profile →


Licence
10105226
Last AGM
May 2025
Status
active

BUILDING BASICS

Lots
12
Commercial
12
Year built
2022
LGA
LAKE MACQUARIE