23 Henry Street, Tighes Hill NSW 2297

Whether you would like to build a dream home in this lovely inner-city Villiage atmosphere, take advantage of the existing DA Approval, or just land-bank this rare offering, this is an opportunity you can't afford to miss.

Less than 500m from TAFE, 100m to bus and a short trip to Newcastle University, Tighes Hill is growing each month in popularity and has reported outstanding rental and median price growth over the last 5 years.

Now under watch on many investor hot spot lists, this property provides an entry point into the market, where most homes even in a poor state of repair are valued closer to $400,000.

You do have the option to proceed to develop the 8 bedroom DA approved boarding house the current offer is leaving win the site too.

This product could cater well to mining companies and the like, looking for accommodation for their employees.

Expected rental return once built of $84,000 over gross, in a segment of the market that continues to climb.

* Level, cleared parcel of land of 304sqm.
* DA approval for student accommodation
* Central inner city location
* Minutes to the CBD, short stroll to Throsby creek, shops, parks, schools and public transport
* A rare opportunity not to be missed

Contact George Rafty and his team ASAP for copy of the plans and DA consent if you wish to go down this path, or obtain a contract for sale if you are just looking to build your dream home.