5 Lloyd Street, Merewether NSW 2291

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Soak up the sea breeze and uninterrupted ocean views from this elevated, 753sqm parcel of land, metres to world famous Merewether Beach. Currently configured as three original I bedroom units, all of which are leased, the land could be so much more.
Do as the neighbours have done and build a magnificent coastal retreat or take advantage of numerous other possibilities. Could this be one of the last large blocks of land with a North - East aspect and ocean views to build your dream home? Other options may include to subdivide the parcel and keep the income earning units, or knock them down and build executive townhouses, a duplex or triplex or even four high-end apartments (STCA). Regardless of the approach, this parcel is in an A grade beachside location that will only improve over time.

Boasting a rare north eastern aspect, it features uninterrupted sea views that can never be built out. Highly desirable schools are moments away, as are Merewether Ocean Baths and Beach, Burwood Beach and Glenrock State Conservation Reserve. Enjoy a drink or a meal at Surfhouse or The Beach Hotel, stroll along the Bathers Way and generally revel in the relaxed coastal lifestyle on offer.

-753sqm parcel in one of Newcastle's most sough-after locations
- Currently configured as three original I bedroom units, all rented
-Unlimited options for development - build a single family home
-Keep the income producing units and subdivide the land (STCA)
-Build townhouses, a duplex, triplex or even four apartments (STCA)
-Uninterrupted views, never to be built out, north eastern aspect
-Walk to Merewether Beach and Ocean Baths, Burwood Beach
-Stroll the Bathers Way, enjoy Surfhouse and The Beach Hotel