Ray White Newcastle Lake Macquarie
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.
- Single Garage
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