19 Tomaree Street, Nelson Bay NSW 2315

First time offered for sale in over 40 years this well built 3 bedroom brick veneer home sits on a prime residential development site located on the fringe of Nelson Bay CBD. The 594 sqm site is Zoned R3 Medium Density Residential with a 15m height limit and the potential to build up to 10 Units (Subject to Council Approval) with most Units having water views and a sunny North facing aspect.
It?s an easy walk to everything in the Bay and the existing home is in good original condition with 3 spacious bedrooms, 2 bathrooms, generous living spaces, internal access from the garage and North facing water views over Nelson Bay from the kitchen, lounge and dining rooms plus the balcony.
The home could be rented while you undertake the design process and apply for Council approval making this an ideal opportunity for Developers and Investors. Alternatively this could be a great opportunity for home buyers who want the convenience of living close to the town centre with water views and lots of potential for the future.
Inspections available today so please contact Ray 0408 238 347 or Olivia 0421 853 830 for further information about this outstanding opportunity!