1 Vardon Road, Fern Bay NSW 2295

Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 2

Description: Set on a generous parcel in one of Newcastle's fastest-evolving coastal pockets, offering a rare and exciting opportunity to secure a true development block with substantial upside. With a wide 22.7m frontage, generous 30.1m depth and excellent access, this 687.2sqm block provides flexibility for a range of potential outcomes. The existing dwelling is in need of significant renovation or removal, making it ideal for builders, developers, or buyers looking to start fresh and capitalise on the block's size and location. Whether you're considering a complete transformation, redevelopment (STCA), or land banking for the future, the value here is in the land. Fern Bay continues to experience strong buyer demand thanks to its coastal lifestyle appeal and proximity to key infrastructure. You're positioned just minutes from Stockton Beach, Newcastle International Airport, and within easy reach of Newcastle CBD. With ongoing development and infrastructure investment throughout the broader Newcastle region, sites of this size and positioning are becoming increasingly hard to secure. - Substantial 687.2sqm development block with 22.7m frontage - Strong growth corridor near coastline - Across the road from Newcastle Golf Course - Minutes to beaches, transport links & Newcastle CBD Council Rates: Approx. $2,300 p/a Water Rates: Approx. $800 p/a + Usage Potential Rental Return: Approx. $500-$550 p/w (once deep cleaned) Disclaimer: All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.