Prime Corner Block Opportunity in Teralba – Character Home with Huge Potential

Set on a generous corner block in one of Lake Macquarie’s most up-and-coming suburbs, this charming 3-bedroom residence is bursting with character and opportunity. Whether you’re a young family, savvy investor, or visionary developer, this unique property delivers the ideal foundation for your next big move.

Boasting wide street frontage and convenient side gate access, the block offers enormous scope for future development or expansion (STCA). Build a granny flat, add a second dwelling, subdivide, or simply enjoy the luxury of space – the choice is yours. The level, well-positioned block provides flexibility and ease of access, making it a rare find in this tightly held lakeside pocket.

Inside, the home retains its original warmth and character, with three generously sized bedrooms, a practical layout, and charming features throughout. Move in as-is, renovate to add value, or capitalise on the block’s development potential – this is a true blank canvas brimming with possibilities.

• Large, near-level corner block with wide street frontage
• Character-filled 3-bedroom home with scope to renovate
• Side gate access – perfect for boats, caravans, trailers, or trades
• Huge yard with potential for second dwelling, granny flat or subdivision (STCA)
• Updated kitchen at the front of the home with dishwasher, electric cooktop and plenty of cupboard space
• Large bathroom with shower, bath and laundry, separate toilet
• Split system air conditioning in living room
• Single carport
• High ceilings throughout
• Family-friendly location close to schools, shops, public transport, and Lake Macquarie
• Approximately 900m to Teralba Public School
• Approximately 2km to St Pauls Catholic College
• Approximately 850m to Teralba Great Northern Hotel
• Approximately 650m to Maddz on York Cafe
• Just minutes to Speers Point, Warners Bay, and easy access to the M1

Whether you’re looking to create your dream family compound, develop for dual income, or land bank for the future – this is a golden opportunity not to be missed. Contact us today to unlock the full potential of this rare Teralba gem.