Guide $2,500,000 - 5 Acres
Medowie is a suburb in New South Wales' Port Stephens region, about 30 kilometers northwest of Newcastle. It offers a semi-rural lifestyle with a mix of residential and larger rural properties. The area is known for its natural beauty, with parks, nature reserves, and easy access to beaches and national parks. Medowie provides essential amenities, including schools, shopping centers, and medical facilities, and is well-connected by road, though public transport options may be limited. The community has a strong local spirit, with various events and activities that foster a sense of connection among residents.
Investing in Medowie is a strategic choice due to its growth potential as part of the expanding Port Stephens region, where property values are likely to rise. The suburb is appealing to those seeking a quieter, more spacious living environment. Medowie also provides more affordable property prices compared to urban areas, making it an attractive option for investors. With a strong local community and essential amenities, including schools and shopping centers, rental demand remains stable. Its proximity to Newcastle adds to its appeal, offering access to economic and cultural opportunities while maintaining a peaceful residential setting.
In the near future, Medowie is set to benefit from several major developments that could significantly enhance its appeal. One of the most impactful changes is the expansion of Newcastle Airport, which is slated to become an international airport. This expansion will increase connectivity and attract more travelers, boosting the local economy and making Medowie even more accessible to potential residents and investors.
Additionally, infrastructure projects are underway, including road improvements and the extension of the new roads from Lavis lane, Williamtown through to Nelson Bay and to the M1 Pacific Motorway towards Newcastle. These upgrades will improve travel times and enhance connectivity between Medowie and major urban centers, further increasing its attractiveness as a residential and commercial location.
The area is also experiencing growth in both residential and commercial sectors. New housing estates and shopping centers are being developed to meet the rising demand from an expanding population. The development of the Medowie Business Park is another significant project that will create job opportunities and attract businesses, contributing to the local economy.
Furthermore, plans for new and upgraded educational and community facilities are in the works, which will enhance the quality of life for residents and make Medowie a more appealing place for families. These developments collectively point to a promising future for Medowie, with improvements in infrastructure, economic opportunities, and lifestyle amenities driving its growth and appeal.
This property presents a unique and appealing investment opportunity, featuring two well-maintained houses situated on a sprawling 5 acres of land. The property includes two spacious three-bedroom houses, each offering comfortable living spaces, complemented by a inground pool and a massive six-car garage that provides ample storage and parking.
Previously operated as a strawberry farm with the existing glass house still in tact, the land is enhanced by a clear running natural spring, adding a touch of rural charm and potential agricultural use. This lush, expansive property is located in a prime area, offering convenient access to essential amenities, local schools, and nearby parks, making it ideal for families and those seeking a tranquil yet well-connected living environment.
An added benefit is the option to rent back the property to the current owners for up to 12 months after purchase. This arrangement provides immediate rental income. The combination of prime location, ample space, and the option for a rental agreement makes this property a compelling choice for investors looking for both long-term potential and immediate benefits.
This property, currently zoned as Rural Landscape, holds significant future potential with plans for rezoning to Residential. This zoning transition reflects the broader growth and development trends in the region and indicates a promising shift in the property's value and utility.
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