Perfectly positioned in the heart of Swansea, this substantial landholding offers flexibility, scale, and future potential in a thriving coastal community. Spanning approximately 2,135sqm across three existing lots-Lot 1 and Lot 2 of DP 119865 (265 Old Pacific Highway) and Lot 9 of DP 659627 (267 Old Pacific Highway).
The site benefits from R3 Medium Density Residential zoning and comes complete with DA-approved architectural plans for a boutique development of ten modern townhouses. The thoughtfully designed plans cater perfectly to the target demographic, offering a mix of practical and appealing floorplans. With level access throughout - no steep driveways - and an easy, flat walk to local shops, the development promises strong market appeal and convenience for future residents.
Positioned just 200 metres from the Pacific Highway intersection and within 500 metres of Swansea's vibrant town centre, the property enjoys 45.7 metres of frontage to the Old Pacific Highway, offering excellent exposure and accessibility. The land is generally flat with a gentle fall from the rear to the street, making it ideal for redevelopment. The site includes two existing dwellings, both leased and returning a combined income of $960 per week, providing strong holding income while planning or development approvals progress.
Swansea continues to thrive as a lifestyle destination, surrounded by the pristine waterways of Lake Macquarie, Caves Beach, and Swansea Heads. The area's growing popularity among both residents and holidaymakers underpins strong rental demand and long-term capital growth. Shops, cafés, schools, and public transport are all within walking distance, while Newcastle and the Central Coast are easily accessible via the Pacific Highway.
Property Features:
Three existing lots across two street addresses (265 & 267 Old Pacific Highway)
Total site area approx. 2,135sqm with R3 Medium Density Residential zoning
Existing DA approved architectural plans for a 10 x 3 bedroom townhouses
Excellent exposure with 45.7m frontage to the Old Pacific Highway
Two current dwellings generating a combined $960 weekly income
Flat, accessible site within walking distance of Swansea town centre thoughtfully designed for the future occupants
Minutes to beaches, lakefront, and major arterial links
A standout opportunity to secure a large, versatile site in one of Lake Macquarie's most dynamic growth corridors-ideal for developers seeking their next project or astute investors looking for a well-positioned, income-producing asset with future upside.
E & OE. 3Realty - Lake Macquarie , its director(s), employees, contractor(s) and related entities believe that all information contained here in is gathered from sources we believe to be reliable, however 3 Realty cannot guarantee its accuracy and interested parties should rely on their own enquiries. All images and floorplans are indicative of the property only.
