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Overview
Situated in the heart of Nelson Bay, this property offers a rare opportunity to acquire a sizeable 638sqm parcel of R3 medium density residential land with genuine potential for redevelopment, subject to council approval. Its proximity to the vibrant town centre, less than 200 metres away, and the nearby marina and beachfront all within 300 metres, positions it perfectly for those seeking a convenient and engaging coastal lifestyle.
The existing two-bedroom cottage, while older, stands tidy and functional as a holding property. It features a large fenced yard providing privacy and space for outdoor living or gardening, alongside vehicle access and a single carport for easy parking. This setup offers immediate usability while longer-term redevelopment plans are considered.
The R3 zoning allows medium density residential growth with a maximum building height of 17.5 metres, opening possibilities for a range of development outcomes. This makes the property appealing not only to investors and developers but also buyers focused on securing a centrally located site with future value potential.
Nelson Bay is noted for its blend of natural beauty and urban convenience, maintaining its appeal as a sought-after seaside destination within Port Stephens. The combination of location, zoning classification, and the scale of this land presents a significant prospect in an environment where larger blocks close to town are increasingly scarce.
- Generous 638sqm land area in prime central location
- Subject to council approval, medium density zoning with building height up to 17.5 metres
- Close walking distance to shops, cafes, restaurants, marina and beach
- Functional existing two-bedroom cottage with fenced yard and vehicle access
- Ideal for developers, investors or buyers planning for long term growth
Prospective buyers are encouraged to conduct thorough enquiries with Port Stephens Council regarding permitted uses, planning controls and potential to realise the site’s full development possibilities.
Local Market Insights
In Nelson Bay, Quiet Listings observed 21 new houses entering the market over the last 30 days, up from 20 during the previous 30-day period, with an average advertised asking price of $1,524,286. The property type mix of listed properties is predominantly Houses at 50%, followed by apartments (19%), and units (15%). The most active agency for houses in the Nelson Bay area is currently PRD Nationwide, representing 38% of new listings, followed by First National with 33%. 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 |
|---|---|
| $1,030,000 | |
| Contact Agent |
Location
Market Insights for Nelson Bay NSW 2315
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