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Back 1-7/121 Nelson Street
Off Market

1-7/121 Nelson Street

Wallsend NSW 2287

800 m²
820 m²
Land
Last sold for $2,650,000
Jesse MulliganJesse Mulligan, last sold this property on 28 January 2026 after 133 days on market.

Overview

Iconic Blue-chip Holding in Wallsend CBD

Mulligan Property are pleased to present Shops 1 7 / 121 Nelson Street, a strategic prominent position with commanding appeal for the astute purchaser. Located in the Western Newcastle region of Wallsend, the opportunity focuses on key attributes to allow for further growth, development or strata title opportunities stca. Key Features: Seven (7) tenancy structure encompassing over two levels. A sound variety of tenancies, most being long term. Considerable internal floorspace. Single title holding. Land holding 820m2, access from Nelson, Tyrrell and Council Street. Passive holding income while value-add and development approvals are obtained. 80% leased totalling approximately $148,000 gross with further capacity closer to $190,000 Zoning and Development attributes: E1 Local Centre, FSR 2:1 14m height limit Multitude of mixed-use development aspects across commercial, retail and residential sectors Strata title opportunities stca. Location: Less than 500m to Coles Shopping Precinct 1km to major motorways for Hunter Valley, Sydney, and Central Coast 300m to Springs Hotel, 600m to McDonalds and 2km to Bunnings 8 minutes to Newcastle University and 20 minutes to Newcastle CBD Information Memorandum Available on Request. Contact Jesse Mulligan on 0432 160 186 DISCLAIMER We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

Features

800 m² floor area
820 m² lot size
Land

Estimated Value

We need at least 3 similar land plots sold in Wallsend over the last 12 months.

Property history for 1-7/121 Nelson Street

2026
Sold
$2,650,000
Private Sale/Treaty on 28 Jan 2026 by Jesse Mulligan, of Mulligan Property Group

Happy sellers in Wallsend

96%
96% of sellers in Wallsend reported that their sale price either exceeded or met their price expectations.

Wallsend stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 34 reviews in Wallsend over the last 12 months.

Local market activity for land plots in Wallsend

In the last 12 months, 2 land plots similar to 1-7/121 Nelson Street, have been sold.

This represents a 25% increase in land plots sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Wallsend

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Trudy Zeug

Trudy Zeug is a recommended agent for Wallsend.  They have 7 local sales and collected 4 local reviews across the last 12 months.

  •   5   (30 reviews)
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Tim Lojszczyk

Tim Lojszczyk is a recommended agent for Wallsend.  They have 11 local sales and collected 3 local reviews across the last 12 months.

  •   5   (141 reviews)
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Scott Richardson

Scott Richardson is a recommended agent for Wallsend.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   5   (203 reviews)
  •  3 Reviews in Wallsend
  •  3 Sales in Wallsend
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Nick Clarke

Sellers who recommend Nick Clarke have praised them for being clear communication, local expert, responsive, supportive, reliable, honest and dedicated

  •   4.9   (1228 reviews)
  •  3 Reviews in Wallsend
  •  3 Sales in Wallsend
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