Set on a mighty 1126sqm (approx.) parcel with wide frontage and generous depth, 5 Frances Street, Wallsend is the kind of opportunity that makes savvy investors take notice. Whether you're looking to landbank, build new, explore dual occupancy (STCA) or rent it out while you plan, this address offers rare scale in a suburb on the rise.
The existing home is neat and full of flexibility. Featuring two bedrooms, a tidy timber kitchen with gas cooking, and spacious living with timber floors, air conditioning and a fireplace, it's well-suited to lease as-is or lightly refresh for added returns. To the side, a detached studio and office adds real versatility ideal for remote work or a creative hub.
But it's the land that truly sets this property apart. Level, private and fully usable, the backyard boasts established fruit trees, veggie beds, multiple sheds and a peaceful bushland outlook. There's ample room to extend, add a granny flat, or redevelop entirely (STCA), with drive-through access enhancing future design flexibility.
Just a short stroll from Wallsend Village, schools, parks, sportsgrounds, public pool and Bunnings, this value-packed block blends lifestyle convenience with long-term growth potential. Whether you're an investor, developer or future dream-home builder 5 Frances Street is the one to watch.
FEATURES:
- 1126sqm block with 18.1m frontage (approx.)
- Zoned R2, large with bushland at rear
- Two-bedroom cottage with gas kitchen, air con & fireplace
- Studio & office space detached from main home
- Drive-through access to rear sheds and cubby house
- Established fruit trees + veggie gardens
- Walk to schools, shops, sports fields, and pool
Land Size: 1126SQM
Council Rates: $607.00 p/qtr
Rent: $600$650p/w (approx.)
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