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46 Morgan Street, Merewether, NSW 2291

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House

Type

Bedrooms

Bathrooms

Parkings

840 m²

Area

Last updated on Wednesday, August 26, 2026 ( See property details for 46 Morgan Street, Merewether, NSW 2291)

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Tony Reville Licensed Real Estate Agent

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AI Property Insight

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

A charming historic cottage on a large, flat block in Merewether offering exceptional development potential and lifestyle convenience.

🏡 Property Highlights

Prime location in the heart of Merewether with excellent walkability to shops, schools, and beaches
Historic 100-year-old timber and iron cottage with classic period features
Large 840m² flat block with a 15.24m frontage, offering development potential
Excellent rental history with $790 per week income
Versatile options for restoration, extension, or full development (subject to council approval)
Close to popular dining, cafes, and iconic beaches, ideal for lifestyle and investment

✨ Key Features

Open-Plan Living
Built-in Robes
Fireplace
Outdoor Area
Ceiling Fans
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Waterfront / Views

Suburb and Property Insights of Merewether, NSW 2291

Merewether is a highly sought-after suburb renowned for its stunning beaches, vibrant dining scene, and family-friendly amenities. It offers excellent walkability to shops, schools, and recreational facilities, making it ideal for both lifestyle and investment. The area boasts a mix of historic homes and modern developments, with easy access to Newcastle’s city centre and outdoor leisure activities. Its strong community vibe and coastal charm make Merewether a premier place to live and invest.

Frequently Asked Questions

What are the renovation options for this historic cottage?

The property can be restored and reconfigured with a contemporary extension while retaining its period features, or fully developed subject to council approval.

Is there development potential on this site?

Yes, the 840m² flat block with R3 Medium Density zoning offers significant development opportunities, including potential for multiple dwellings, subject to council consent.

What is the current rental income and rental history?

The property currently returns $790 per week with an excellent rental history, making it a strong investment opportunity.

What amenities are nearby?

The property is within walking distance to cafes, Coles, Lewellyn St IGA, schools, hospitals, and is close to beaches, dining, and entertainment venues.

Are there any restrictions or approvals needed for development?

Development is subject to council approval, and potential buyers should verify zoning and planning regulations with local authorities.

What to ask about this property to agent?

Are there any hidden costs associated with the development or renovation process? Has the property been inspected for structural issues or asbestos, given its age? Are there any zoning restrictions or easements that could impact development plans? Is the property located in a flood or bushfire-prone area? Are there any planned nearby developments or construction activities that could affect the property’s value or lifestyle?

46 Morgan Street, Merewether, NSW 2291 - More Details

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Position. Potential. Possibility.

Perfectly positioned in the heart of Merewether, this exceptional 840sqm (approx.) parcel presents a rare opportunity to secure one of the suburb's increasingly scarce large landholdings. Home to a charming 100-year-old timber and iron cottage, rich in period character, the property combines timeless appeal with outstanding future potential.

Behind its classic façade, the original three-bedroom home showcases ornate ceilings, picture rails, elegant proportions and original fireplaces, providing the ideal foundation for a sympathetic renovation and contemporary extension. Alternatively, with a 15.24m frontage and R3 Medium Density zoning, the site offers exciting redevelopment potential (STCA).

Whether your vision is to restore, rebuild, develop or landbank, the property's strong rental return of $790 per week allows you to generate immediate income while planning your next move.

Enjoy an enviable lifestyle just moments from everything that makes Merewether so highly sought after. Walk to The Junction's cafés, restaurants and shopping precinct, Coles, IGA, quality schools, Lingard Hospital and Souths Leagues Club, while Merewether Beach, ocean baths, Darby Street and Newcastle's vibrant dining scene are all just minutes away.

- Approx. 840sqm level block with 15.24m frontage.
- R3 Medium Density zoning.
- Original three-bedroom timber and iron cottage.
- Ornate ceilings, picture rails, generous rooms and original fireplaces.
- New Colorbond roof.
- Returning $790 per week with an excellent rental history.
- Exceptional renovation, rebuild or redevelopment opportunity (STCA).
- Approx. 800m to Coles, 750m to The Junction Public School, 850m to St Joseph's Primary, 650m to Lingard Hospital and approximately 1.3km to Merewether Beach and Baths.

Type: House
Bedrooms: 3
Bathrooms: 2
Parkings: 2
Area: 840 m²

Map & nearby places — 46 Morgan Street, Merewether, NSW 2291

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46 Morgan Street, Merewether, NSW 2291

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