Back 35 Wakal Street
Off Market

35 Wakal Street

Charlestown NSW 2290

2
1
2
607 m²
House
Sarah AndrewsSarah Andrews, last sold this property on 30 April 2026 after 8 days on market.

Overview

Prime Corner Development Opportunity

Positioned on a valuable corner block in a sought-after Charlestown location, 35 Wakal Street presents an exceptional opportunity for builders, developers, and savvy investors alike. Set on approximately 607sqm with dual street frontages, this property offers outstanding potential for redevelopment, subdivision (STCA), Knockdown rebuild (STCA), Dual Occupancy (STCA)or a custom project for an owner-builder looking to capitalise on a high-growth area. The existing dwelling is currently uninhabitable and comprises a 2-bedroom, 1-bathroom layout, accompanied by oversized garaging and a separate storage shed. A standout feature is the existing infrastructure, including 3-phase (415 volt) power connected to the dwelling, along with an additional 240 volt connection at the rear ideal for trades, workshops, or future construction requirements. Key Features: • Corner block with two street frontages • Approx. 607sqm of level land • Uninhabitable 2-bedroom home • Oversized garage plus separate storage shed • 3-phase (415V) power to dwelling • Additional 240V connection at rear Excellent scope for redevelopment, rebuild, or investment (STCA) Opportunities like this are increasingly rare, a premium site in a thriving location with endless potential. Adding corner positioning enhances design flexibility, access, and future value. Location Highlights • Charlestown Square (1.5km) • Charlestown Swim Centre (1.7km) • Local Sports Grounds (within 2km) • Lake Macquarie Private Hospital (3.5km) • John Hunter Hospital (6.5km) • Whitebridge High School 2.4km • Charlestown East Public School 400mtrs This property is being sold in its current condition and is considered uninhabitable. Inspections are by Appointment Only with The Agent. Buyers are encouraged to conduct their own due diligence and seek professional advice regarding development potential. Lake Macquarie City Council Rates $2,508pa approx. Hunter Water Rates $838pa approx

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
607 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Charlestown over the last 12 months, the estimated median property value of 35 Wakal Street is $942.5k.

Median value
$942.5k
Estimated value range
$686k - $1.26m
Median days on market
26
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Charlestown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 35 Wakal Street

2026
Sold
Undisclosed
30 Apr 2026 by Sarah Andrews, of Shore Property

Happy sellers in Charlestown

89%
89% of sellers in Charlestown reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 82 reviews in Charlestown over the last 12 months.

Local market activity for 2 bedroom houses in Charlestown

In the last 12 months, 13 two-bedroom houses similar to 35 Wakal Street, have been sold.

This represents a 40% decrease in two-bedroom houses sales when compared to the previous 12 months.

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