22 Summerville Street Wingham NSW 2429
For Sale Contact Agent
- Property Type House
- Land area approx 1606sqm
- Floor area approx 135sqm
- Region Mid North Coast
- Locality Mid-Coast
- Toilets 2
- Garages 5
Development Potential
With a generous land size of 1,606 square meters and a 22-meter frontage, this property offers exceptional development scope, subject to council approval (STCA). The block’s regular shape, flat terrain, and minimal vegetation make it ideal for efficient planning and construction.
Key Opportunities Include:
- Dual Occupancy
The site is well-suited for dual occupancy, allowing for the construction of a second dwelling at the rear of the property while retaining or replacing the existing home. This setup offers excellent rental yield or multi-generational living potential.
- Multi-Unit Development
The size and frontage may support a more extensive development, such as a small townhouse complex or multiple villas, depending on local zoning regulations. This makes the property particularly appealing to developers seeking medium-density housing options.
- Subdivision Potential
Subject to local planning rules and council approval, the land may be subdivided into two or more lots. This would allow for individual sale or staged development, maximising return on investment.
- Renovate + Build
A popular option in the area involves retaining and renovating the existing house, then constructing two new dwellings on the rear portion of the block. This reduces holding costs and allows income to be generated from the front home while development takes place.
- Land-Banking Option
For investors not ready to build immediately, this property provides an excellent land-banking opportunity in a high-growth regional town. Wingham is seeing increased demand for quality housing, making this a solid long-term hold.
Why This Property Stands Out for Development:
- Established Precedent: Similar-sized lots in the area have been successfully developed, demonstrating strong council support for medium-density infill projects.
- Infrastructure & Access: Easy street access and proximity to essential services simplify logistics and increase buyer/renter appeal.
- Market Demand: With regional population growth and housing demand on the rise, particularly from tree-changers and retirees, this type of flexible, centrally located site is highly sought-after.
- Strategic Location:
Just 3.5 hours’ drive from Sydney and only minutes from the heart of Wingham CBD, the property offers a compelling balance of regional lifestyle and accessibility.
Whether you're an experienced developer, a builder looking for your next project, or an investor seeking to capitalise on Wingham’s growth trajectory, this property is a standout candidate.
Property Features
- Secure Parking
- Open Fireplace
- Fully Fenced
- Shed
- Outdoor Entertaining Area
- Deck
- Air Conditioning
- Solar Panels
- Rumpus Room
- Dishwasher
- Built In Wardrobes
- Broadband
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Call Agent
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Yan KleynhansManning Valley Property & Livestock