Up front, you'll find a beautifully renovated three-bedroom home, but it's what's possible out the back that really sets this property apart. Set on a generous 663.9 sqm block adjoining a reserve, the property comes with DA approval for a one-into-two-lot subdivision and the construction of a contemporary double-storey, four-bedroom home at the rear. Thoughtfully positioned to maximise the outlook, the proposed residence offers the opportunity to create a private, light-filled home with a beautiful leafy aspect. With the approval process already taken care of, there's a clear opportunity to unlock the site's full potential, whether you're a family, investor or developer.
Keep the existing home as an income stream while you build your new family residence behind it. Complete the second dwelling and sell one or both. Or create a clever multi-generational set-up, keeping parents, adult children or extended family close while everyone retains their own space and privacy.
Lambton Public School accessible practically via the back gate, while Elder Street's cafés, shops, restaurants and pubs are within an easy 10-minute walk. John Hunter Hospital is close by, and Newcastle's CBD and beaches are around 15 minutes by car. This is a property you can enjoy today, with an approved plan for something much bigger tomorrow.
- 663.9sqm north facing block with direct access to the adjoining reserve
- Beautifully renovated three bedroom home sits at front of block, tenanted 'til December
- DA approved plans for a modern new two storey 4-bedroom home at rear of block, designed to maximise views across the adjoining reserve
- Both Lambton Park and Jesmond Park walking tracks nearby
- John Hunter Hospital – 2.7km, University of Newcastle – 2.9km, Newcastle CBD – 6.7km
* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.