Merewether Heights 47 Rembrandt Drive

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Rare Opportunity - Dual Living & Endless Potential

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This much-loved family home presents a rare chance to secure a substantial property with dual-living flexibility in a premier coastal setting. Held by the same family for over 50 years, it's ready for a new chapter and offers plenty of scope to renovate, modernise, and make your mark—while enjoying the lifestyle perks of one of Newcastle's most desirable neighbourhoods.

Upstairs, the layout features three bedrooms, two bathrooms, and two generous living areas filled with natural light. The second bedroom enjoys the added convenience of a walk-in robe, providing valuable storage and comfort for family living. A front balcony extends off the main living area, offering a breezy space to enjoy morning coffee or an evening wine, while a rear screened sunroom connects to the kitchen—perfect for relaxed afternoons or casual dining. The interiors are largely original, making it a great opportunity for a handyman or renovator to add immediate value. Ducted air conditioning upstairs ensures year-round comfort.

Downstairs, the spacious self-contained one-bedroom unit includes a large living area, full kitchenette and dining space, bathroom, internal laundry, and brand-new flooring throughout. Ideal for extended family, guests, teenagers, or rental income, this level also includes a 2.5-car garage with internal access and an adjoining workshop/storage area. There's also ample storage throughout the home to suit the needs of busy families or collectors.

Positioned on an elevated block in a quiet street, this home sits at the gateway to sought-after Merewether Heights. It offers an affordable entry point into a blue-chip suburb known for its coastal charm, strong community feel, and proximity to Newcastle's best natural and lifestyle assets. Merewether Beach, Glenrock Conservation Area, and the Fernleigh Track are within easy reach, offering a mix of surf, sand, and bushwalking on your doorstep. Quality schools, village shops, and vibrant cafes are also nearby, with easy access into the city and The Junction shopping precinct.

Whether you're a growing family seeking space, an investor chasing dual-income potential, or a buyer ready to renovate and capitalise, this property is bursting with opportunity in a location that continues to shine.

Zoning: R2 Low Density Residential
Land Area: 530sqm approx
Council: Newcastle
Land Rates: $3300pa approx
Water Rates: $961pa approx

'PREVIEW'
This means the property has just been listed and is in the first weeks of marketing. If you inspect the home, you will be amongst the first buyers to view the property. The sellers have not yet formally set a price for the property as they want to obtain feedback from the market prior to promoting a price. Century 21 will provide you with information on recently sold properties in the area whilst the property is being promoted for sale by Preview. You can definitely buy a property during the 'Preview' promotion, there is no barrier to making an offer to purchase the property. The seller can accept an offer at any time.

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.

Property Information

  • Land area approx 530sqm

Property Features

  • Air Conditioning
  • Garages 2
Century 21 Novocastrian Novocastrian
155 Pacific Highway
Charlestown NSW 2290
PO BOX2184, DANGAR NSW 2309  
Phone02 4943 6333  
 
Lic No1095975  


Local Information Merewether Heights

Education

Nearest Government Schools

  • Merewether Heights Public School
  • Merewether Public School
  • Adamstown Public School
  • Belair Public School
  • Merewether High School
  • New Lambton South Public School

Nearest Private Schools

  • St Columba's Primary School
  • St Pius X High School
  • Holy Family Primary School
  • St Therese's Primary School
  • St James' Primary School
  • St Joseph's Primary School

Local Amenities

Parks

  • Gibbs Brothers Park
  • Flaggy Creek Reserve
  • Learmonth Park
  • Myers Park

Sport and Recreation

  • Myamblah Crescent Oval
  • St John Oval
  • Lisle Carr Oval

Services

  • Adamstown Post Office
  • Merewether Post Office
  • The Junction Post Office
  • Hamilton Post Office