$635,000

3 Bed  •  2 Bath  •  1 Car

Main view of Homely house listing, 17 Thorn Road, Hamilton North NSW 2292
Floorplan of Homely house listing, 17 Thorn Road, Hamilton North NSW 2292
Second view of Homely house listing, 17 Thorn Road, Hamilton North NSW 2292
+7

Sold

17 Thorn Road, Hamilton North NSW 2292

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$635,000

  • 3
  • 2
  • 1

House Sold on Sat 1 Aug, 2015

What's around Thorn Road

House description

“Investor alert! Rare development opportunity”

Here's a rare opportunity for a savvy investor to secure a large block primed for redevelopment in sought-after Hamilton North, located opposite beautiful Smith Park, a short stroll to the farmers' markets, walking distance to Hamilton North Public School, and moments to Hunter TAFE and Beaumont Street cafes and shopping.

* Two existing dwellings currently returning $422 per week
* One-bedroom flat plus two-bedroom house on block
* Generate an income whilst planning your development, Long term tenants would like to stay on as long as possible.
* Block Size 722m2 - Zoned R2 Low Destiny Residential
* Not affected by State Heritage or National Trust
* Development permitted with council
consent, Child Care Centre, Dwelling houses including townhouses/dual occupancy, Educational establishments, Emergency Services, Neighbourhood shops, Respite day care centre.
* Popular inner-city location close to all amenities
* Plenty of capital growth potential in high-value suburb
* Property set on a wide, tree-lined street opposite a park
* Located just four kilometres to Newcastle CBD, harbour and beaches
* Walk to the nearby Sunday morning farmers' markets
* Moments to Hunter Stadium and Beaumont Street cafe precinct

This large block offers an incredible inner-city lifestyle opportunity in a sought-after, leafy suburb close to everything Newcastle has to offer.

The existing one-bedroom flat and two-bedroom house are currently returning $422 per week with reliable, long-term tenants willing to stay.

Earn immediate income while you plan your dream home or redevelopment (pending council approval) in one of Newcastle's most popular inner-city locales.
This excellent property is set on a wide, tree-lined street opposite Smith Park and a stroll to Hunter Stadium and the Sunday morning famers' markets at Newcastle Showgrounds.

Hunter TAFE and the vibrant Beaumont Street entertainment precinct are moments away, as is Islington Park with a cycleway to the harbour, CBD and beaches for an active outdoor lifestyle.

Whether you're looking for the perfect site for your future dream home or seeking a high-potential development opportunity, this is the block for you.

And with excellent capital growth potential, this block is presented at excellent value and will attract plenty of interest.

Don't let this opportunity slip through your fingers. Organise an inspection today while it lasts and all Karen Gudelj.

Property features

toilets

Toilets: 2

Interactive media & resources

Third view of Homely house listing, 17 Thorn Road, Hamilton North NSW 2292View more
Fourth view of Homely house listing, 17 Thorn Road, Hamilton North NSW 2292View more

Contact the real estate agent

Sam Kolatchew

Chapman Property

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17 Thorn Road, Hamilton North NSW 2292
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