1-16/27 Hopkins Street, Merewether NSW 2291

Capitalise on this incredibly rare offering of sixteen strata titled two and three bedroom townhouses with two street frontage to Hopkins Street and Tye Street in the heart of one of Newcastles most sought-after surfside suburbs. Blue ribbon real estate for property developers and investors alike, this extraordinary opportunity spans 2700sqm (approx).It is a strategic purchase with holding income of approximately $297,440pa while you consider the potential of the land and the R3 Medium Density Residential zoning. Recently refurbished with a contemporary new kitchen and bathroom, each townhome boasts a spacious central living and meals zone with either a courtyard or balcony for alfresco entertaining, sizeable bedrooms with built-in robes, laundry facilities with a second w/c and a garage or carport and storage area. Boasting an enviable location within easy strolling distance to some of the areas finest schools, vibrant shopping and eateries and its iconic beaches, these appealing retreats will impress a vast amount of interested renters, from CBD professionals, busy families, students at the university city campus and those just wanting a taste of all the colour and excitement that Newcastle has to offer. Consisting of 4 x 3 bedroom and 12 x 2 bedroom townhousesInformation Memorandum available upon requestExpressions of Interest close Friday 18th September at 2pmDISCLAIMERWe have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.