1300sqm R3 Medium Density Block with Dual Street Access
Developers, take note! This rare and expansive 1300sqm (approx.) parcel in a highly sought-after location presents a wealth of possibilities.
Zoned R3 Medium Density Residential, the property offers dual street access, creating flexible options for townhouse or apartment development, dual/triple occupancy, or potential subdivision (STCA).
The existing home provides solid renovation potential and can be rented out immediately for income while you finalise your development plans. Whether you're looking to redevelop the entire block or stage the project by upgrading the current dwelling and building on the remaining land - this site has the versatility to suit a range of strategies.
Location Highlights:
• Minutes to Newcastle University and John Hunter Hospital.
• Easy access to Newcastle Inner City Bypass, Newcastle Link Road, M1 Motorway and Hunter Expressway.
• Walking distance to Jesmond Central Shopping Centre, supermarkets, and casual eateries.
• In a strong-growth corridor with increasing demand for quality medium-density housing.
All development is subject to NCC approval.
A rare opportunity with multiple development pathways. Don't miss this one. Call Lisa today to arrange your inspection on 0414 455 411.
