171 Parbury Road

Positioned in one of Swansea's most tightly held and elevated pockets, 171 Parbury Road presents a rare and exceptional opportunity for developers or those seeking a future-forward investment with lifestyle rewards. Set on an expansive 2,593m2 parcel and elevated at 14.5 metres above sea level, well above the floodplain that covers the majority of Swansea, this unique property sits in the top 2% of flood-safe land in the area, offering peace of mind and genuine development potential. Zoned R3 for medium-density residential use and with drainage infrastructure already in place, the groundwork has been laid for an exciting project, with draft plans (subject to council approval) for 12 stylish two-storey townhouses, two of which capture sweeping water views across Swansea Channel. The north-facing aspect brings natural light year round and frames elevated views from a potential second storey, while the end of street location and cul-de-sac ensures quiet, minimal traffic, and no mining subsidence an increasingly rare combination. The existing two-bedroom, two-bathroom home offers comfortable living or rental potential while you finalise plans. Surrounded by natural beauty with the ocean to the east, deep channel waters to the north, and Lake Macquarie to the west, this position offers unmatched access to beach walks, boating, fishing, and swimming, all just moments from the Swansea town centre, local cafes, schools, and transport links. Residents enjoy a welcoming community atmosphere, and the suburb's convenient layout puts everything within walking distance, making it ideal for families, retirees, or professionals seeking a low-maintenance lifestyle. Commuters will also appreciate the seamless access to the Pacific Motorway, with Sydney just over 90 minutes away by car, while Newcastle CBD is only 35 minutes north, and the bustling lakeside hubs of Warners Bay and Speers Point are just 25 to 30 minutes away, offering vibrant dining, parks, and foreshore living. Whether you are building for coastal loving families, downsizers, or retirees seeking the ultimate walkable lifestyle, this site offers the perfect blend of serenity, elevation, and future potential, making it one of the most compelling development opportunities currently available in Lake Macquarie. Opportunities like this are incredibly rare to secure one of Swansea's most elevated, flood safe development sites. Contact the Love Team on 02 4958 8555 to book your inspection.