38 James Street, Morpeth NSW 2321

Currently rented to the best tenants for $365.00 per week who are more than happy to stay, is this stunning, double brick cottage with a huge upside. The dual street frontage from James Street through to Princess Street, will allow the astute buyer the opportunity to work with Maitland Council (seek approval) and develop the rear of the property with an additional home or subdivision to create another allotment.
While you are waiting though, collect the rent that the home provides for. Internally, the property features hardwood flooring, 3 bedrooms, separate lounge and dining areas and a neat bathroom. An awesome attic for teenagers, massive storage or study has been beautifully constructed and there is single car accommodation at the rear of the block.
Our market is just about to explode and we see this as a unique opportunity to get in now before the price rises.