FOR SALE
Guide $1.1M - $1.2M

60 Carrington Street
West Wallsend NSW 2286

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 136m2
Land area: 2206m2
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EXPRESSIONS Of Interest - DEVELOPMENT OPPORTUNITY

Development opportunity with existing dwelling
• 2,206m2 (approx.) site
• 50.53m(approx.) frontage
• 10m building height
• E1 Local Centre Zoning
• A variety of potential development options
Located near the M1 Motorway and Hunter Expressway, on the western edge of Newcastle, West Wallsend has developed into a reasonably priced commuter town encircled by brand-new subdivisions. Existing building was previously used as a GP Medical Centre. The property consists of (3) titles all zoned E 1 Local Centre zoning with a total land area of 2,206m2 (approximately) and is perfect for a mixed use development consisting of both commercial tenancies and residential properties.
Whether you're looking to build your dream home, create a new commercial space, or develop a multi-unit complex, the possibilities are endless with this property. Don't miss out on this rare opportunity -
Disclaimer: The information contained in this advertisement is obtained from sources we believe to be reliable, however, we cannot guarantee its accuracy and completeness. We accept no responsibility and disclaim all liability in respect of any errors, inaccuracies, or misstatements contained herein. Interested parties should make their own inquiries to verify the information contained in this advertisement. The information provided in this advertisement is intended to act as a messenger only in passing on details. Any personal information provided to us during the course of the campaign will be kept on our database for follow-up and to market other opportunities, unless instructed in writing to the contrary.

Property Details for 60 Carrington St, West Wallsend

Building Type
Commercial
Floor Size
136m2
Land Size
2206m2

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About West Wallsend 2286

The size of West Wallsend is approximately 14 square kilometres. It has 8 parks covering nearly 18.4% of total area. The population of West Wallsend in 2011 was 1,714 people. By 2016 the population was 2,248 showing a population growth of 31.2% in the area during that time. The predominant age group in West Wallsend is 0-9 years. Households in West Wallsend are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in West Wallsend work in a trades occupation. In 2011, 78.4% of the homes in West Wallsend were owner-occupied compared with 74.7% in 2016.

West Wallsend has 1,201 properties. Over the last 5 years, Houses in West Wallsend have seen a 67.65% increase in median value, while Units have seen a 78.08% increase. As at 31 October 2024:

  • The median value for Houses in West Wallsend is $801,781 while the median value for Units is $533,849.
  • Houses have a median rent of $630.
There are currently 7 properties listed for sale, and 2 properties listed for rent in West wallsend on OnTheHouse. According to CoreLogic's data, 57 properties were sold in the past 12 months in West wallsend.

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Suburb Insights for West Wallsend 2286

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Brad Wallace
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Reece Harrison
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Raine & Horne Commercial New Castle
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