177 Brunker Road, Adamstown NSW 2289

There's no denying this home needs a considerable amount of work, but with a dual street frontage and DA approved plans to construct a two bedroom granny flat, it represents an excellent opportunity for savvy buyers to truly add value. A great start for renovators to get creative with a comprehensive project or developers with an R4 High Density Residential zoning offering enough room for a boutique townhouse development (STCA); it enjoys excellent convenience with shops, transport and quality schools all within walking distance.

The existing dwelling is currently split into two flats, both of which are in very original condition and require a considerable amount of work. The current tenant is on an expired lease, paying $220 per week and is happy to stay and the other flat is now vacant.

*Renovation or development opportunity with dual street frontage on 411sqm
*R4 High Density Residential Zoning
*Existing dwelling split into two flats both requiring considerable work
*Newcastle City Council DA approved plans for two bedroom granny flat
*Concept drawings for construction of three townhouses (not DA approved)
*One flat currently tenanted returning $220 per week

What does Preview mean?

When PRDnationwide properties are listed for "Preview" it generally means that the property has just been listed and you are amongst the first buyers in the market to be exposed to the property.
The vendors may not have formally set a price guide for the property at this stage as they may wish to gain further feedback from the market before doing so. Often they are gaining further feedback from the market to ensure they are being realistic with their price guide to enhance the chance of a swift sale when they go to the full Public Media Launch

What is the price guide?
Your friendly PRDnationwide agent will generally be able to provide you with a rough price guide for the property during the preview stage of marketing and can always update you on the formal price guide once it is ready to be published if it is substantially different from the Preview guide. If you have received an e-brochure about this property as part of PRD's Red Alert system, it is likely to be in the price range you have previously specified to us.

Can I buy a property during the Preview stage of marketing?
Absolutely! In fact up to 20% of PRDnationwide's properties sell in the Preview stage of marketing, often to the exclusive members of the PRD Red Alert buyer database (register on our website).
To give the best chance of securing a property before it makes it to the full Public Media Launch it is advised to offer towards the upper end of the pricing guide you have been given.