1 Fullerton Street, Fern Bay NSW 2295

Welcome to 1 Fullerton St Fern Bay, this opportunity is available now and could be the key to unlocking your futures potential, offering tons of appeal to all types of buyers.

For the owner occupier, the property is move in ready, consisting of three bedrooms, one bathroom, living, dining, separate laundry and a sunroom looking over the expansive back yard. A carport and separate garage for off-street parking, also the opportunity to build a large shed and still enough room to fit in the pool.

Investors & developers, there is a generous rental income in place, which would allow you to make council applications and obtain approvals whilst receiving a good rental return.

Features:
*The high set home features 180degree views over the Hunter River
*Westerly facing aspect
*Large 639m2 block (potential battle axe sub-division STCA)
*Currently leased with good rent return
*Beach 4WD access from Seaside Fern Bay estate
*Short drive to Newcastle CBD & Nelson Bay
*3br 1Bath home with detached garage
*Corner block with nature reserve northern side of the property

Suburb growth drivers:
*10.8km's from Newcastle Airport - April 2022, the Federal Government announced that Newcastle Airport will receive $55 million in funding to significantly expand and upgrade our international passenger terminal.
*1km from Woolworths shopping center - DA lodged for approval, comprising of 6,300sqm Centre that will house seven commercial tenancies and 300 car spaces.
*DHA Rifle Range development - DA submitted for a 232 lot Torrens title sub-division stimulating growth in the suburb.

Please contact Joel Pyne for more information on this property, or to organize a private viewing.