Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.
Overview
Positioned on a substantial 968 square meter block, this property in Adamstown offers a rare opportunity to secure prime real estate in one of Newcastle's most sought-after locations. Just moments from major shopping centres like Westfield Kotara and Charlestown, as well as essential amenities such as medical suites, local schools, and sporting fields, the location combines convenience with lifestyle benefits.
The existing home, characterized by polished hardwood timber floors and original kitchen and bathroom fittings, provides a foundation full of character and charm. This presents potential buyers with the choice to renovate and enhance the current residence or demolish and construct a bespoke family home tailored to contemporary living requirements.
Of particular note is the prized R3 zoning, which broadens the scope to include potential development options. This zoning allows for the construction of stand-alone dwellings or multiple townhouses, subject to council approval, making the site attractive both to families looking for a permanent home and developers or investors seeking to capitalize on its redevelopment possibilities.
- Three bedrooms with ample living space
- Sunroom and lounge room offering versatile areas
- Double garage providing secure parking
- Polished hardwood floors that lend warmth and character
- Weekly rental potential estimated between $550 and $580
- Excellent access to beaches, golf courses, and Newcastle CBD within minutes
This property presents a significant value proposition given its location, land size, and flexibility, catering to diverse buyer needs ranging from homeowners to investors interested in development within a thriving suburban precinct.
Local Market Insights
In Adamstown, Quiet Listings observed 8 new houses entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $1,179,375. The property type mix of listed properties is predominantly Houses at 47%, followed by townhouses (18%), and villas (12%). Ray White was the most active agency in this area, representing 33.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Change History
| Headline | When |
|---|---|
| $1,150,000 Guide | |
| $1,200,000 - $1,300,000 |
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
This property has had 3 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.
Location
Adamstown NSW 2289
Market Insights for Adamstown NSW 2289
Other properties in this postcode
