FOR SALE
Guide $650,000

63 William Street
Jesmond NSW 2299

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Land area: 668m2
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Ripe for Renovation or Development in Prime Location

Looking for your next project? This property is a rare opportunity! Whether you're a seasoned renovator or an ambitious developer, this is your chance to turn potential into profit. Zoned R3 Medium Density Residential, renovate or start a fresh, the possibilities are endless.
Opportunities like this don't come along very often. Located on a sought after 668m² relatively level block with a northerly aspect, this impressive property offers huge potential for renovation, a duplex or townhouse development, or simply the addition of a granny flat at the rear (subject to Council approval).
First home buyers looking to get into the market, renovators seeking their next project, or developers searching for a good size block for a duplex or townhouse development should not go past this property.
A sought after location near Jesmond Shopping Centre and all its conveniences, Newcastle University, and only minutes to schools, shops, and parks. This property could prove to be the perfect investment, add a second dwelling, or knock down and start again with one home or several (all subject to council approval).
An existing 2 bedroom home and 1 bedroom granny flat occupy the site, with a large swimming pool and several sheds at the rear of the property. What you see is what you get, if you buy the property everything is yours.
Close to several well-regarded schools Jesmond Public School (4 mins) & Callaghan College Waratah Campus (9 mins), Newcastle University (4 mins), Jesmond Shopping Centre (1 min walk), while being an easy drive from the Hunter Expressway, Pacific Motorway, and into Newcastle CBD.
The features of this home are as follows:
House
- 2 Bedrooms
- Bathroom with corner bath
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Property Details for 63 William St, Jesmond

63 William St, Jesmond is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 668m2. The place is currently for sale with Elders Real Estate Newcastle & Lake Macquarie.

Building Type
House
Land Size
668m2

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About Jesmond 2299

The size of Jesmond is approximately 1.2 square kilometres. It has 10 parks covering nearly 17.4% of total area. The population of Jesmond in 2011 was 2,607 people. By 2016 the population was 3,055 showing a population growth of 17.2% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation. In 2011, 34.5% of the homes in Jesmond were owner-occupied compared with 29.9% in 2016.

Jesmond has 1,575 properties. Over the last 5 years, Houses in Jesmond have seen a 76.91% increase in median value, while Units have seen a 57.30% increase. As at 31 August 2024:

  • The median value for Houses in Jesmond is $742,170 while the median value for Units is $490,699.
  • Houses have a median rent of $463 while Units have a median rent of $493.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Jesmond on OnTheHouse. According to CoreLogic's data, 75 properties were sold in the past 12 months in Jesmond.

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Scott Richardson
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Elders Real Estate Newcastle & Lake Macquarie
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