This huge 1,213sqm block of land is bursting with potential, offering a rare opportunity in a highly sought-after location. With a renovated home, two driveways, and a brand-new oversized garage already in place, there's still an abundance of space at the rear to explore future development options (STCA). Whether you're looking to create multiple dwellings, add an additional shed, or simply enjoy the wide-open yard, the possibilities are endless.
Set within walking distance to local shops and the sparkling shores of Lake Macquarie, this property combines lifestyle with opportunity. The existing home is a charming two-bedroom weatherboard, brick, and tile residence with a practical floorplan and a welcoming front sunroom. High ceilings, timber flooring, updated kitchen and bathroom and an abundance of natural light create an inviting atmosphere. Cooling lake breezes filter through the many windows, enhancing the relaxed coastal feel.
The large parcel offers approximately 20 metres of frontage and a depth of around 60 metres, providing excellent side access for vehicles, boats, or caravans, and the potential for future driveways to service additional properties at the rear. Zoned R3 Medium Density Residential under Lake Macquarie City Council, this site is primed for growth.
Additional features include NBN availability, water rates of approximately $275.04 per quarter, and land rates of approximately $539.40 per quarter.
This is a rare chance to secure a sizeable piece of land in a location where demand continues to grow. With shops, schools, parks, and the lake just moments away, it's the perfect blend of convenience, lifestyle, and future potential.
Land size approx. 1,213² with 20.1m frontage & 59.8 depth.
Land Rates approx. $568.02 Per Quarter
Water Rates approx. $276.04 Per Quarter + Usage
Current market rental return would be: $530
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing
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