Property Details: • Type: House

• Bedrooms: 3 • Bathrooms: 1

Description: In a suburb where land is the ultimate status symbol, this 1,005sqm (approx.) holding with a huge 20.12m frontage is the kind of site developers and dream-home builders wait years to find. The true value is the scale, proportions and north-facing orientation, a foundation for a high-end redevelopment concept or a statement family residence that simply isn't being delivered on blocks like this anymore. This is a genuine land-first opportunity with the fundamentals to support big ideas, from a multi-dwelling concept to a premium new build that makes the most of the setting. 1,005m2 of north-facing land with an impressive 20.12m frontage Approx. dimensions 20.12m x 50.29m with R2 zoning Ideal fundamentals to explore redevelopment potential in a tightly held coastal suburb (STCA) Scope for a multi-dwelling concept or strategic build outcome that suits modern demand (STCA) Rare chance to create a large-scale dream home with proper garaging, pool potential, outdoor entertaining zones and real backyard depth Existing home offers a practical holding income or live-in option while you design, plan and navigate approvals Strong lifestyle position, approx. 900m to Llewellyn Street village, around 1.5km to The Junction, and minutes to the beach, baths and coastal dining Merewether blocks of this calibre are becoming harder to replace every year, and it's the wide frontage that really sets the tone here, giving you design flexibility and street presence that smaller sites just can't match. Whether your end game is a premium redevelopment outcome or building an uncompromising family home with every extra, this is a blue-chip landholding with genuine scarcity value. All building and development is subject to the relevant approvals from Newcastle City Council (STCA). Zoning: R2 Low-Density Residential Land Area: 1005m2 (20.115 wide x 50.29 long) Council: Newcastle City Council Land Rates: $5,050.00 per year (approx) Water Rates: $961.30 per year (approx) We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos may be digitally edited and include virtual furniture. Disclaimer: We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.