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68 Selwyn Street
Merewether, NSW 2291
$2,500,000 To $2,600,000
Overview
Merewether's Rare Big-Block Redevelopment Play with the Frontage to Match
Located in a prestigious suburb where land size is highly valued, this property offers an exceptional 1,005 square meter parcel with an expansive 20.12 meter frontage. Such a site is a rare find, eagerly sought after by developers and those looking to build dream homes. The property's true appeal lies in its generous scale, well-proportioned dimensions, and favorable north-facing orientation, providing an excellent foundation for a high-end redevelopment or a distinguished family residence that is increasingly uncommon in today's market.
This opportunity is primarily land-focused, presenting the ideal conditions to realize ambitious plans. Whether considering a multi-dwelling development or a premium new construction that maximizes the setting, this site offers flexibility and potential. The land measures approximately 20.12 meters wide by 50.29 meters deep and is zoned R2 Low-Density Residential, supporting various redevelopment concepts subject to council approval.
- 1,005 square meters of north-facing land with a substantial 20.12 meter frontage
- Approximate dimensions of 20.12 meters by 50.29 meters with R2 zoning
- Strong fundamentals for redevelopment potential in a tightly held coastal suburb (subject to council approval)
- Potential for multi-dwelling development or strategic building outcomes tailored to modern living demands (subject to council approval)
- Rare opportunity to design a large-scale dream home featuring ample garaging, pool possibilities, outdoor entertaining areas, and a deep backyard
- The existing home provides a practical live-in option or holding income while planning and approvals are underway
- Prime lifestyle location approximately 900 meters to Llewellyn Street village, around 1.5 kilometers to The Junction, and minutes from the beach, ocean baths, and coastal dining precincts
Properties with such calibre and frontage are becoming increasingly scarce, offering significant design flexibility and street presence that smaller lots cannot match. Whether your goal is a premium redevelopment or an uncompromising family residence with extensive features, this landholding represents a blue-chip investment with genuine scarcity value.
All building and development proposals are subject to approval by Newcastle City Council. The property is zoned R2 Low-Density Residential, with a land area of approximately 1,005 square meters (20.115 meters wide by 50.29 meters long). Council rates are approximately $5,050 per year, and water rates are approximately $961.30 per year.
Prospective buyers are advised to conduct their own investigations to verify all information. Photographs may have been digitally enhanced and may include virtual furniture.
Property Information
- Land area approximately 1005 square meters
- Floor area approximately 140 square meters
Property Features
- Air conditioning installed
- Three carports available
Location
Merewether NSW 2291
Measurements
| Type | Dimensions |
|---|---|
| Floor Area | 140 sqm |
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.