1 6/30 Union St, Wickham NSW 2293, Australia
Why invest in just one home when you can score a whole row of 6? These 6 fantastic 2 bedroom, 2 bathroom townhouses are spread across 2 street frontages on a generous 850sqm inner city block. It’s like having a winning hand in the real estate game.
For savvy investors, all are currently tenanted. They’re all decked out with modern features like air-conditioning, single garages, sleek Caesarstone and gas kitchens, and spacious courtyards for outdoor fun. These low-maintenance homes are the very definition of set-and-forget. You can keep things as they are or think about strata titling each one for potential future sales.
Now, let’s talk about the bigger picture. The Wickham Masterplan 2021 (Updated Version) has tagged this spot as a potential redevelopment goldmine. The surrounding area is already booming with new activity, and this location and neighbouring blocks have been targeted for future redevelopment, providing new services, new businesses and greater amenity. The dynamic planning combined with massive development investment will accelerate your capital gain potential.
But it’s not just about numbers and possibilities. This address is the real deal for inner-city living. You’ve got Honeysuckle and the city practically on the doorstep, offering waterfront dining, harbour adventures, and a collection of cool cafes and fancy restaurants for your daily fix of caffeine and gourmet cuisine. Plus, you’re just a stone’s throw away from trams and trains at Newcastle Interchange. This spot is the definition of city living made easy. The information memorandum is available on request.
– 6 x 2-bed, 2-bath, 1-car townhomes, some with two living areas, all with courtyards
– Single title 850sqm landholding zoned B4 Mixed Use
– L-shaped block with approx frontages of 12.23m to Union Street, 47.32m to Lindus Street
– This location is identified as potential for redevelopment & is not in a mine affected area
– 350m to Newcastle Interchange for trains, trams and buses
– 9 mins to Bar Beach and Nobbys Beach and lighthouse, 10 mins to Merewether Beach and surf break
