4 School Road, Wakefield NSW 2278

Acreage house with 5 beds 4 baths | 3.7 acres near Lake Macquarie | Pool, spa, studio and large shed | Bushfire overlay present | Suits multi-gen or lifestyle buyer This property offers a rare combination of generous land, substantial internal space, and extensive outdoor amenity that is not commonly found within the Lake Macquarie residential market. The 5-bedroom, 4-bathroom configuration, supported by a separate studio with kitchenette and bathroom, makes it particularly well-suited for multi-generational living or those requiring dedicated guest or workspace. The large shedding, including a three-bay high-clearance shed and additional garden sheds, adds significant utility for vehicle storage, machinery, or a home-based business. The established tropical gardens, in-ground pool, spa, and undercover entertaining area create a complete lifestyle package that will appeal strongly to buyers seeking privacy and space without sacrificing modern finishes. The bushfire overlay identified on the property may affect insurance costs and could impose some restrictions on future landscaping or development, which should be factored into the overall holding cost. The size of the land and dwelling also means ongoing maintenance is higher than a standard suburban block, and the yield profile from rental estimates suggests this is primarily a use-value property rather than a high-return investment. Buyers should also consider that acreage properties of this type can take longer to sell than standard housing, so liquidity is something to weigh if resale timing is a concern. The absence of a confirmed build year means the age of the structure and the condition of key elements like plumbing and electrical should be verified through inspection.