147 Michael Street, Jesmond NSW 2299

Opportunities to rebuild or develop are clear! In an exceptional cul-de-sac position an easy stroll from the University of Newcastle, this original home on a prime allotment of approximately 1000sqm offers amazing scope for developers or builders seeking the perfect site to erect multiple townhouses, subject to council approval.

Supremely placed in this dynamic area where homes on large blocks of land are being sought after for multi-dwelling developments, this prime opportunity with an enticing 20m frontage and full water drainage work already done is available with concept plans to erect five three bedroom dwellings.

* In original condition this cottage offers superb knock down/rebuild or development potential (STCA)
*North facing parcel with approximate land size of 20.12 X 50.29
*Recent trends show university students are moving into newer townhouse accommodation