265-267 Old Pacific Highway, Swansea, NSW 2281

$2,400,000 - $2,600,000

House
Type
6
Bedrooms
2
Bathrooms
2
Parkings
2,135 m²
Area

Published on Wednesday, August 05, 2026 ( See property details for 265-267 Old Pacific Highway, Swansea, NSW 2281)

$2,400,000 - $2,600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile development site in Swansea offering approved plans for ten modern townhouses on a level 2,135 sqm block with existing rental income.

🏡 Property Highlights

  • DA approved for ten three-bedroom townhouses, offering a ready development opportunity.
  • Level 2,135 sqm site with existing leased dwellings generating $980 weekly rental income.
  • Prime location just over an hour from Sydney CBD, close to Swansea's shopping, Lake Macquarie, and Caves Beach.
  • Highly sought-after R3 Medium Density Residential zoning suitable for lifestyle and investment buyers.
  • Diverse design options for townhouses, appealing to families, downsizers, and investors.
  • Strong rental income and growth potential in a blue-chip location.

✨ Key Features

  • Built in robes
  • Open-Plan Living
  • Waterfront / Views
  • Secure Parking
  • Pet-Friendly
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Floorboards
  • Internal Laundry

Swansea offers a vibrant coastal lifestyle with easy access to beaches, shopping, and recreational facilities. The suburb is known for its strong community feel, proximity to Lake Macquarie, and convenient transport links to Sydney. It presents a highly desirable location for families, downsizers, and investors seeking growth. The area boasts a mix of established homes and new developments, with excellent amenities and natural beauty. Its strategic position makes it an ideal spot for lifestyle living and investment growth.

What is the current condition of the existing dwellings on the property?
The existing dwellings are leased and in habitable condition, providing immediate rental income while the development plans are underway.
Are there any restrictions or conditions attached to the DA approval?
The DA approval is subject to compliance with local council regulations and any specified conditions outlined in the approval documentation.
What amenities and facilities are nearby?
The property is just a short walk to Swansea's shopping centre, with easy access to Lake Macquarie, Caves Beach, and local recreational facilities.
Is there potential for further development or subdivision beyond the approved plans?
Any additional development or subdivision would require further council approval and investigation into zoning and planning regulations.
What are the expected costs involved in the development process?
Costs include land rates, water rates, construction, and development fees. An detailed estimate can be provided upon request.
Are there any hidden costs or additional fees associated with the development approval process? Has a recent survey or soil test been conducted on the site? Are there any zoning restrictions or easements that could impact future development? Is the property located in a flood or bushfire-prone area? Are there any planned nearby developments or infrastructure projects that could affect the property’s value or livability? What are the strata or community title arrangements, if applicable? Are there any existing or potential planning restrictions that could limit the scope of development? Has the property been inspected for structural issues or environmental concerns? Are there any ongoing or upcoming council or community projects in the area? What are the terms of the current lease agreements on the existing dwellings?

265-267 Old Pacific Highway, Swansea, NSW 2281 - More Details

$2,400,000 - $2,600,000

Just over one hour's drive north of Sydney CBD, a short walk to Swansea's shopping centre, and minutes from the shores of Lake Macquarie and Caves Beach, this level development opportunity is DA approved and ready to deliver much-needed dwelling solutions in this highly sought-after corner of the world.

The site has been approved for the construction of ten quality three-bedroom dwellings, appealing to young families and downsizers seeking lifestyle housing, as well as investors looking for consistent returns and growth in blue-chip locations.

The site comprises approximately 2,135.2 square metres of level land, with two existing dwellings currently leased and returning approximately $980.00 per week in rental income.

The proposed three-bedroom townhouses offer a range of designs to suit different buyers and markets, providing a diverse opportunity to deliver high-quality housing close to major amenities and recreational facilities.

Our photographs reflect the location, environment and lifestyle of this exciting property. We have also prepared an INFORMATION MEMORANDUM, available free upon request, providing further information and access to plans, approvals and additional details about the opportunity.

Please contact Wayne Stewart if you would like to discuss the opportunity further or receive a copy of the INFORMATION MEMORANDUM

Zoning: R3 Medium Density Residential
Land Area: 2135sqm approx
Council: Lake Macquarie
Land Rates: $5102pa approx
Water Rates: $838pa approx

Disclaimer:
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Type
House
Bedrooms
6
Bathrooms
2
Parkings
2
Area
2,135 m²

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