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
