Off Market

7 Gen St

Belmont NSW 2280

3
1
2
718 m²
House
Last sold for $800,000
Peter NeskovskiPeter Neskovski, last sold this property on 27 February 2025 after 1557 days on market.

Overview

DA Approved Development Opportunity in Belmont

This prime property features plans for 2 townhouses and a freestanding 4 bedroom home. Located in the sought-after Belmont area, it offers an excellent investment opportunity with tenants already in place. The home offers traditional charm, and the zoning opens up options for business or further development (STCA). - DA approved plans for 2 townhouses and 1 freestanding home - 3-bedroom home on a 718m² level block with large garage - Walk to Belmont's shops, cafes, medical suites, and library - Stroll to the lakeside parks, wharf, and waterside activities - B4 - Mixed Use zoning, ideal for development or business (STCA) - 5 minutes to Blacksmiths Beach, close to TAFE and Belmont Golf Course - 25-30 minutes' drive to Newcastle CBD, hospital, and university - Land banking opportunity with tenants already in place

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
718 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Belmont over the last 12 months, the estimated median property value of 7 Gen St is $921k.

Median value
$921k
Estimated value range
$775k - $1.47m
Median days on market
27
Estimated value trend
2%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Belmont. 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 7 Gen St

2025
Sold
$800,000
Private Sale/Treaty on 27 Feb 2025 by Peter Neskovski, of Stone Real Estate Lake Macquarie
2025
Rented
Undisclosed
Leased on 19 Jan 2025 by Presence Real Estate Newcastle
2023
Rented
Undisclosed
Leased on 02 Apr 2023 by Presence Real Estate Newcastle

Happy sellers in Belmont

84%
84% of sellers in Belmont reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 30 reviews in Belmont over the last 12 months.

Local market activity for 3 bedroom houses in Belmont

In the last 12 months, 28 three-bedroom houses similar to 7 Gen St, have been sold.

This represents a 35% increase in three-bedroom houses sales when compared to the previous 12 months.

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