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15 Crest Road and 20 Chalmers Road Wallsend, NSW 2287

Sold for $1,175,000 on 23 May 2016
  • 3 Beds
  • 1 Bath
  • 1 Car
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Home in Wallsend

Outstanding Development Opportunity

  • 3 Beds
  • 1 Bath
  • 1 Car

Calling all Developers!

Offering 20 Chalmers Rd Wallsend & 15 Crest Rd Wallsend to be sold together.

Endless opportunities are are on offer with this RD3 zoned development site. A change in the current vendor's direction requires an immediate liquidation. Located on the cusp of Jesmond/Wallsend the key attributes of this development site are:

  • 1860m2 combined (approximately)
  • Within walking distance to Newcastle University
  • Within walking distance to the Jesmond Shopping Centre
  • Minutes away from the F3 freeway
  • Serviced by public transport
  • The land itself has an ever so slight slope towards the street

THE OPPORTUNITY (STCA)

  • Possibility to build a 3 storey walk up building
  • Possibility to keep the existing property at 15 Crest Rd & build up to 9 additional 3 x bedroom, 2 x bathroom, single garage townhouses
  • Possibility to demolish entire site & build new housing
  • Possibility Sub divide into 4 free hold lots
  • Possibility to Torrens title 2 lots due to the double street frontage
  • Landbank whilst collecting a rental return from the existing 2 properties

The list can go on & on. The vendor is requiring a cash sale & all offers need to be presented within a timely manner.

CONTACT AGENT: Kosta Apostolidis 0416 890 337 (7 days) with all enquiries regarding this opportunity.

Features:
  • Single Garage
Bedrooms:

3

Bathrooms:

1

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Suburb

Wallsend

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