This is more than just property-it's a dual-strategy investment designed for immediate returns and long-term growth.

On a rare 2,037.5m² Torrens Title block, this property delivers both secure rental income today and a DA approved development site for tomorrow.

Approved Subdivision - One lot into Two Torrens Title lots

Lot 1 (~890m²): Existing house + granny flat (currently leased at $1,050/week)

Lot 2 (~1,147.5m²): DA Approved for 4 brand-new modern dwellings (multi-dwelling housing)

Why Investors Love This:

Dual Income Now: Solid rent return with tenants in place
DA Approved: 4 x new dwellings ready to build - all architectural & council plans included

Shovel Ready: Services connected & approvals secured
Growth Location: Medowie is a high-demand area with limited stock

Strategic Position: Only 10 mins to Newcastle International Airport (opening Aug 2025) & RAAF Base

✨ Live in, Lease out, or Develop - the choice is yours.
This is a rare off-market chance to secure a property that works today and tomorrow.

Infrastructure-Driven Growth for Medowie:
M1 Motorway Extension to Raymond Terrace:

Newcastle Airport Expansion (International Upgrade Underway):

Please contact Us

Disclaimer:

Whilst every care has been taken to verify the accuracy of the details in this advertisement, For Sale By Owner (forsalebyowner.com.au Pty Ltd) cannot guarantee its correctness. Prospective buyers or tenants need to take such action as is necessary, to satisfy themselves of any pertinent matters.