33 Victory Parade, Wallsend, NSW 2287

Ideal for Investors or Developers to unlock the full potential of this centrally located property, offering R3 Medium Density Residential zoning, perfect for a boutique development of low-rise apartments, townhouses or duplexes - all subject to council approval.

Set on a generous 613.2sqm block, the property currently features a sturdy three-bedroom brick and tile home with a freestanding double garage. A secure investment, it is tenanted until February 2026, returning $600 per week.

Situated in a thriving area with increasing demand for affordable housing, this site is ideally positioned to cater to students and essential workers due to its close proximity to:

• Jesmond Central Shopping Centre (walking distance)

• Newcastle University - Callaghan Campus

• John Hunter Hospital

• Public transport and major road links

This sought-after location also provides quick access to:

• Newcastle CBD and beaches

• Newcastle Link Road to the M1 (Sydney/North Coast)

• Hunter Expressway to the Hunter Valley

Whether you're looking to landbank with a strong rental return or capitalise on the area's zoning and infrastructure to build medium-density housing, this is an outstanding opportunity not to be missed.