23-27 Wallace Street, South Maitland NSW 2320

Inspections

• Sat 9 November @ 10AM - 10:30AM 09/11/2024 10:00 AM 09/11/2024 10:30 AM Australia/Sydney Inspection for 23-27 Wallace Street, South Maitland NSW 2320 23-27 Wallace Street, South Maitland NSW 2320 Ray White Newcastle Lake Macquarie false DD/MM/YYYY

Expressions of Interest

3 beds

1 baths

2 parking

Rare 1,650m² Triple Lot Opportunity

Set on a vast 1,650m2 block and spread across three separate titles, this property presents an exciting and rare opportunity for renovators and developers looking to make their mark. While the current dwelling is in need of significant repair it serves as a blank canvas for your vision. The potential is immense, with ample room to design a comfortable family home or create a multi-generational living arrangement.

The land's zoning limits large-scale development, but there's still incredible scope for adding value. One option could be consolidating the three titles into one, simplifying the approval process for building a second dwelling and maximizing the land's utility. For those looking to create a second residence, the block offers the space and flexibility to explore additional living options, whether it be a granny flat, a studio, or a separate dwelling (STLCA)

The generous block size means there's still plenty of room for outdoor features such as gardens, a pool, or even a detached garage or workshop, perfect for those who enjoy tinkering with cars or for someone wanting more storage space. Located in a desirable area, this property offers a rare chance to create a personalised retreat while capitalising on the investment potential of such a substantial landholding.

This home is in a standout location, just minutes from Maitland CBD and within walking distance to Maitland Park, Maitland Pool, and public transport, this home offers a great opportunity for those looking to enter the market or secure a well-located property. Positioned under 1km from Maitland Showground, it provides easy access to local events and amenities. With its convenient location and potential for future growth, this home is an excellent foundation for anyone looking to update or personalise their space while enjoying a well-positioned residence.

Expressions close Tuesday 26th November at 12pm.

Contact Jackson on 0406 242 784 to arrange an inspection or for more information.

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Property Details

• Type: House
• Bedrooms: 3
• Bathrooms: 1
• Other Parking: 2
• Land Area: 1,650 m² (approx)