2 Crest Road, Wallsend, NSW 2287

Positioned in a sought after growth suburb, this property has council approved plans for 14 x 1 bed units, as well as comprehensive building specs and architectural plans already in place, situated in a central location minutes from shops, transport, the hospital, and the university. 

Currently there is a well-presented three bedroom, two bathroom home on the block which has a tenant paying $610pw, providing the owner with an income while they prepare to develop. The level block is on a corner allotment with minimal trees to remove and has easy access to the site.

Spread over three levels, approved plans include communal indoor and outdoor spaces, carpark, 2 wheelchair friendly ground floor units, and 12 remaining units with private balconies. The building’s layout is well designed and each unit has fantastic inclusions.

Located just 600 metres from major shopping at Jesmond Central and with a bus stop almost directly out the front of the property, this location is so convenient. Callaghan College and The University of Newcastle are within a 5 minute drive and the John Hunter Hospital is 8 minutes away making this a perfect location for students and medical staff alike. This development opportunity is as rare as hens’ teeth and will not last long; enquire today.

•	Council approved plans for 14 x 1 bedroom units
•	Wheelchair friendly ground floor
•	Current 3 bedroom home bringing in an income 
•	Level block on a corner allotment
•	Quick access to public transport 
•	Great central Newcastle suburb
•	Walk to Jesmond Central
•	Close to parks, clubs, schools, the freeway to Sydney, and Hunter Expressway
•	5 min drive from University of Newcastle
•	8 min drive from John Hunter Hospital
•	18 min drive from Lake Macquarie
•	20 min drive from Newcastle and surf beaches