40 Mitchell Street, Stockton NSW 2295

This beautiful home enriched with character and its 'tucked away' facade gives you the warm & cosy 'retreat - lifestyle' feeling you have been searching for. Located in the heart of the Peninsula, surrounded with local cafes, restaurants & shops, and a quick stroll to the beautiful scenic views of Newcastle's CBD, there is no shortage of attractions. The home incorporates some lavish features including its ornate fireplace, 3.35-metre-high ceilings & lustrous hardwood flooring throughout.
The decked-out alfresco area is low maintenance yet still lush, only a step away from the backyard flooded with sunlight. What seals the deal? The property is currently tenanted & returning $470.00 per week. This property is commercial with B2 zoning (business District) with a (FSR) floor space ratio of 1.5 & 11 metre height restriction or (3) stories high. With Concept Plans already available, future development & a great investment opportunity is right at your fingertips. Packed with endless potential, the time to capture a portion of commercial strip in Stockton's flourishing suburb & most iconic street is, now.

Features :
X 360 sqm block
X Generous sized bedrooms & Built-in wardrobe in bedroom 2
X Large bathroom & second toilet
X Front covered deck
X 3.35 m high ceilings
X Hardwood flooring
X Ceiling Fans
X Separate living and dining
X Ample storage in the kitchen
X Separate laundry
X Covered back deck
X Spacious back yard
X Off-street parking

DEVELOPMENT
X Returning $470.00 Per week
X Annually $24,440.00
X Commercial zoned ( B2 Zoning )
X Floor space ratio of 1.5 metres
X Height Ratio of 11 metres
X DA plans available