2,800m2 of Opportunity in the Heart of Garden Suburb

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19A Prospect Road, Garden Suburb NSW 2289

Expressions Of Interest

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$2M - $2.2M High Confidence Calculated based on strong search observations.

House 4 Beds 1 Bath 4 Cars 2821 m²

Listed: 3 hours ago

Overview

This substantial property at 19A Prospect Road rests on a rare and expansive 2,800 square meter land parcel within Garden Suburb’s established residential streets. Zoned R2, the sizable block is thoughtfully tiered into multiple levels, providing excellent opportunities for future development or additions subject to council approval. This lends the offering significant appeal to developers, investors, or families seeking a spacious and flexible home site.

The existing four-bedroom, one-bathroom residence provides a solid foundation for comfortable living while enjoying the benefits of a large in-ground pool and several functional outbuildings. This layout grants flexibility, enabling new owners to move straight in and enjoy the amenities, rent the property out, or undertake redevelopment plans over time.

Its location delivers convenient access to local schools, shops, and transport links, with easy connectivity to Newcastle and Lake Macquarie, making it suitable for families desiring space and accessibility. The land’s tiered configuration not only optimizes the use of space but also enhances potential design options, accommodating a second dwelling or a comprehensive site redevelopment.

Expansive 2,800m² block with R2 zoning offers development potential
Land tiered into distinct levels to maximize usable space
Existing four-bedroom, one-bathroom home provides immediate habitation or rental income opportunity
Large in-ground pool for recreation and relaxation
Multiple outbuildings add functionality and storage options
Located on one of Garden Suburb's most established streets
Close to schools, shops, and efficient transport connections
Convenient access to Newcastle and Lake Macquarie urban centers

The property presents a unique blend of immediate lifestyle comfort and long-term development versatility, offering substantial value for discerning buyers and investors alike.

Local Market Insights

In Garden Suburb, Quiet Listings observed 21 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $1,252,381. The property type mix of listed properties is predominantly Houses at 85%, followed by units (4%), and land (4%). The most active agency for houses in the Garden Suburb area is currently Salt Property, representing 19% of new listings, followed by Ray White with 19%. 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.