Charming Corner Block with Endless Potential in Kahibah
Nestled in the heart of Kahibah, one of Lake Macquarie's most tightly held and sought-after suburbs, 50 Waratah Street offers an exceptional opportunity to enter the market or secure a promising investment with future upside. This solid three-bedroom home occupies a generous corner block and boasts valuable rear lane access-a rare and highly desirable feature for those considering future development or extension.
Key Features:
- 3 Generously Sized Bedrooms
- Original, Well-Preserved Bathroom with vintage charm
- Updated Kitchen – modern appliances, ample storage, and a fresh look
- Corner Block with Rear Lane Access – versatile and primed for future enhancements
- Solid Brick Construction – a sturdy foundation to renovate or build upon
- Off-Street Parking and scope for garaging via rear access
- Level Block, Approx. 446m² – easy to maintain and brimming with potential
This residence is ideal for first home buyers seeking a comfortable move-in-ready home, investors looking to add to their portfolio in a high-demand suburb, or renovators and builders keen to unlock the full potential of the site (STCA). Whether you plan to refresh the interiors further, extend the existing footprint, or design your dream home down the track, the flexibility of this block opens up a world of opportunity.
Location Perks:
- Just Minutes from Charlestown Square – shopping, dining, entertainment
- Easy Access to Public Transport and major arterial roads
- Moments from Fernleigh Track and local bushland for outdoor adventures
- Quality Schools Nearby, including Kahibah Public School and Whitebridge High
- 10 Minutes to Newcastle Beaches, CBD, and Merewether
The tightly held nature of Waratah Street speaks volumes about the lifestyle on offer-quiet, leafy, family-friendly, and incredibly convenient. Whether you're ready to move straight in, landbank for the future, or start your next project, this property is a rare gem with all the fundamentals for long-term capital growth.
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