55 Railway Pde, Blackalls Park is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1842m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Blackalls Park in the last 12 months.
This is an incredible opportunity to obtain a neat and tidy home on a 1,841m2 level block with plenty of potential for development in a highly desirable location close to the railway, parks, schools, shops, and the picturesque Lake Macquarie.
Currently there is a three bedroom house situated on the block that has been updated with a modern kitchen and dining area, wood heater, spacious loungeroom, family bathroom, and a tranquil leafy outlook onto the expansive garden.
There is so much potential and multiple options here. You could renovate and extend the current home, rent out the property and land bank for the future, explore development options, or bulldoze and build your dream home in a superb neighbourhood (STCA).
This fantastic location in a quiet growth suburb on the west side of Lake Macquarie offers an enviable lifestyle where you can walk down to Blackalls Park for a lakeside picnic lunch while the kids play on the playground, or head to Toronto Lions Park and take the boat out on the water for the day. Interest in this outstanding investment is anticipated to be high!
1,841m2 level block
Great potential for development
Similar sized block next door has 8 dwellings
Open plan kitchen and dining area with wood heater
Spacious loungeroom
Separate laundry with exterior access
Garden shed
20 metre frontage
Timber flooring and ceiling fans
Walking distance from transport, parks and the lake
400 metres from local shops
1.3km from Blackalls Park Public School
1.5km from major shopping, cafes and restaurants at Toronto
38 minute drive from Newcastle
The size of Blackalls Park is approximately 3 square kilometres. It has 6 parks covering nearly 10.7% of total area. The population of Blackalls Park in 2011 was 2,762 people. By 2016 the population was 2,737 showing a population decline of 0.9% in the area during that time. The predominant age group in Blackalls Park is 50-59 years. Households in Blackalls Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Blackalls Park work in a trades occupation. In 2011, 74.1% of the homes in Blackalls Park were owner-occupied compared with 77.4% in 2016.
Blackalls Park has 1,362 properties. Over the last 5 years, Houses in Blackalls Park have seen a 49.92% increase in median value, while Units have seen a 48.25% increase. As at 31 July 2024:
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