7 Notley Street

North Lambton NSW 2299

An exciting opportunity to secure a DA approved townhouse development in one of Newcastle's most consistently performing residential pockets. Comprising 7 Notley Street and a subdivision lot positioned behind 9 Notley Street, the offering combines immediate holding income with a ready-to-progress development opportunity in tightly held North Lambton.The property includes an existing four-bedroom timber cottage at the front of the site, currently tenanted, alongside DA approval for four contemporary townhouses positioned to the rear. Thoughtfully designed to appeal to first home buyers, young families and investors, the proposed residences feature three bedrooms, two bathrooms, single garages and generous private yards, blending timeless weatherboard and brick finishes with practical modern living.Importantly, once the approved driveway access is installed, the front residence at No.7 can be subdivided and sold separately, creating additional flexibility and potential value uplift for developers. The purchaser will be responsible for construction certificate approval and associated subdivision costs.- Comprising 7 Notley Street plus subdivision lot behind 9 Notley Street- Existing four-bedroom timber cottage currently tenanted- DA approval for four contemporary townhouses- Three-bedroom, two-bathroom, single garage townhouse designs- Generous private yards to each proposed residence- Ability to separately subdivide and sell No.7 following driveway installation- Quiet dead-end street within established residential setting- Strong appeal to first home buyers, families and investors- Buyer responsible for construction certificate and subdivision costsPositioned moments from the University of Newcastle, John Hunter Hospital, local schools, shopping and major transport links, this is a rare opportunity to secure a ready-to-progress development site with immediate holding income.Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.