415 Glebe Road, Merewether NSW 2291

With second frontage to James Street on a 385.7sqm corner block central to both Adamstown and The Junction, this classic period home comes with a richly rewarding future. Currently configured as two separate units, take advantage of the current layout and returns of a dual income investment by continuing to rent out both or live in one whilst renting out the other.

The three-bedroom, two-bathroom property could also easily convert back to a single family home with scope to modernise and add value via renovation and/or extension. Alternatively, the north facing landholding is ripe for a knock down and rebuild into a dream new home, or you could extract maximum value from the block with construction of a duplex, all subject to council approval of course.

The superb lifestyle that’s presented in this popular location will have you shopping and dining at both Westfield and The Junction or catching the waves at Merewether in just a few minutes. With Adamstown Bowling Club and the Bondwood Café just 600m away, you don’t have far to go for coffee and a great feed, and if you fancy a round of golf, the greens at Merewether is just 850m away.

- 385.7sqm north facing corner block with second frontage to James Street.
- Approximate block dimensions of 14.83m X 26.21m, R2 zoning.

- Classic period home with some original character features.
- Configured as a 2-bed + study returning $450pw and 1-bed studio (currently vacant) recently returning $300pw.
- Renovated kitchen in two bedder plus benefit of having rear deck and garden.
- Double gates into backyard accessed off James Street provides off-street parking.
- 800m to Merewether Public School, 1km to Merewether High, 1300m to. St Columba’s Primary, 2.7km to Newcastle High.

Auction On Site - Saturday 10th December at 11:15am (If not sold prior).

Rental Return - $750 - $800 per week approx
Council Rates - $2350.00 per annum approx
Water Rates - $856.17 per annum approx

Covid-19 Precautionary Measures:
- If you are feeling unwell or have tested positive to Covid-19 in the past 7 days, we respectively request that do not attend our inspections and contact us to make alternative arrangements.

DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.