
348
Lemon Tree Passage
Road
salt ash
NSW,
2318
Auction Guide $860,000
Rare Rebuild Opportunity on Expansive 1.98ha Block - Huge Potential!
348 Lemon Tree Passage Road, Salt Ash
Builders, renovators, and visionaries - this is your chance to secure a one-of-a-kind opportunity on nearly 5 acres of land in a prime Port Stephens location.
Set on a generous 1.98-hectare parcel, this 5-bedroom, 3-bathroom home offers a substantial footprint of approx. 315m² and includes a massive 6-car garage/workshop setup. While the property has been impacted by fire damage, the bones are there for those ready to rebuild, restore, or completely redesign a dream rural lifestyle property.
Adding to its appeal, the property also boasts water access at the rear-perfect for launching your boat and heading out for a day of fishing on the port or cruising down to Nelson Bay for a relaxed waterfront lunch. Opportunities like this are exceptionally rare.
With a wide frontage, level terrain, and existing infrastructure, this site lends itself perfectly to a major renovation, a brand-new residence.
Key Features:
1.98ha (approx. 4.89 acres) of land
5-bedroom, 3-bathroom floorplan with approx. 315m² under roof
2-car garage and additional 4 car shedding
Quiet and private setting with direct road access
Ideal for trades, rural living, or hobby farming
Conveniently located just 10 minutes from Lemon Tree Passage, 5 minutes from Salt Ash Public School, and only 10 minutes from Newcastle Airport.
This is a project with serious upside - whether you're a seasoned developer, savvy investor, or someone ready to create a custom home in a semi-rural setting.
Opportunities of this scale and potential are extremely rare - don't miss your chance to make it yours.
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median house price
1100000suburb growth
7.8%median house rent
700suburb rental yield
3.3%Similar Properties
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