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100 & 102 Elder Street, Lambton, NSW 2299, 2 Bedrooms, 2 Bathrooms, House

$1,300,000 - $1,400,000

100 & 102 Elder Street, Lambton, NSW 2299

2
2
385m2
508m2
HouseListed on Wed May 8
Price drop

Lambton 2 Bedroom Vacant Properties Development Opportunity

Residential Development Opportunity on Main Street

This property offers a generous frontage of approximately 15 meters along Elder Street and holds E1 Local Centre zoning, making it a prime location for residential development in the bustling heart of Newcastle's sought-after suburb. Accessed from both Elder Street and DeVitre Street, these lots present an enticing opportunity for mixed-use development (subject to council approval).

Offered with vacant possession, the buildings on the site offer a blank canvas for your residential vision. Imagine the potential of creating a blend of residential and retail spaces within this vibrant community hub.

With preliminary plans showcasing the possibility of incorporating four 2-bedroom apartments alongside residential units, this offering presents a rare chance to secure approximately 508sqm of prime residential land with immense development possibilities which is in high demand in central Lambton.

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School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Lambton Public School
0.40 km
Primary
K-6
Government
icsea: 1040
Lambton High School
1.47 km
Secondary
7-12
Government
icsea: 1051

Lambton surrounding data

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Ref:1P10327Last update:2024-11-12 05:16:12