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Overview
Positioned just a short walk from the Wallsend shopping precinct, this gently sloping vacant allotment presents an outstanding opportunity to secure a sizeable parcel of medium density zoned land in a high-growth corridor.
Boasting a generous 20.11 metre frontage and 50.29 metre depth, the property offers excellent potential for future development, subject to local council approval. This makes it an ideal prospect for investors, developers, or those looking to landbank in a sought-after location.
Key features of this property include:
- A generous allotment size of approximately 1,012 square metres.
- A wide frontage measuring 20.11 metres and a depth of 50.29 metres.
- Medium density zoning, allowing for a variety of development opportunities.
- A gently sloping block that is easy to build on.
- Convenient proximity to the Wallsend shopping precinct, within easy walking distance.
- Close access to public transport and local amenities, enhancing lifestyle convenience.
- Located in a highly desirable area with strong growth and development activity, promising future value appreciation.
Additional property details include the sale method being by auction, scheduled to take place onsite. The settlement period is set at 35 days. The guide price is on request, reflecting the auction nature of the sale.
This property represents a rare opportunity to acquire a substantial land parcel in a thriving suburb, offering flexibility for future development or investment. Prospective buyers are encouraged to conduct their own investigations to confirm suitability and potential.
Disclaimer: The information provided has been obtained from sources believed to be reliable; however, accuracy cannot be guaranteed. Buyers should carry out their own due diligence.
Local Market Insights
In Wallsend, Quiet Listings observed 5 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $1,197,000. The property type mix of listed properties is predominantly Houses at 74%, followed by land (8%), and apartments (5%). Mulligan Property Group was the most active agency in this area, representing 22.4% 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 |
|---|---|
| $1,050,000 | |
| By Negotiation | |
| Auction |
Location
Wallsend NSW 2287
Market Insights for Wallsend NSW 2287
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