397 GLEBE ROAD, Merewether NSW 2291

The existing older style house is currently divided into 2 x 1 bedroom flats but the block in general lends itself to development, in a prime location only minutes to beaches and The Junction shopping village.
The property requires some work but the structure seems reasonable sound. In general it is dated and in most cases the property would probably be demolished to make way for a modern Townhouse Development.
The property has:
Tiled Roof,
Weatherboards,
Higher Ceilings,
Dated Bathrooms,
Dated Kitchens,
Sunroom,
2 Living Rooms,
Dining Room,
Shared Laundry,
Area of Block 796.7m
Frontage of Block 15.2m
Depth of Block 52.4m.
Set on a near level grounds.
Merewether Golf Course and Newcastle Race Track both nearby. Only minutes to Adamstown shopping, Walking distance to Merewether High, Private Catholic School at the Junction and Merewether Public School is just up the street.
This may be the ideal opportunity if you are looking to do a knock down rebuild or a development for modern Townhouse.