21 Bulkara Street, Wallsend NSW 2287

This north east facing property is just waiting for the new owner to maximize its potential. With a substantial land area of over 1050 square metres and a solid family home, surrounded by established residential homes and unit developments, there are numerous possibilities for developers, tradesmen or those seeking a large area for a growing family.

The two bedroom home is positioned at the front of property and was built in the 1940's. With beautiful timbers and art deco features, along with its solid construction and hard wood frame, it would be ideal for renovation. The bedrooms are spacious and the kitchen dining area has been modernised. With a minor renovation, the rental potential would be approximately
$460.00 to $480.00 per week.

Beyond the house are a number of sheds, including a demountable, which would be ideal as a home office or studio. At the rear of the property is a large three bay open garage, which comfortably houses four vehicles; perfect for the tradesman needing additional storage space.

Zoned R2, and with a 14 metre frontage, the block offers great potential for development (subject to Council approval). The land splays out at the rear of the property, with approximately 20 metres adjoining one boundary and approximately 12 metres on the other.

Its central location allows easy access to link roads to Sydney and the Hunter Valley and is 30 minutes' drive to Newcastle CBD. The property is within walking distance to Wallsend Shopping Village and a short distance to public and private schools and public transport.

Land Area:
Approximately 1050 square metres
Frontage:
Approximately 14 metres
Zone:
R2 Low Density Residential
Land Rates:
Approximately $2050.00 per year
Water Rates:
Approximately $856.00 per year (excludes usage)