If you've been waiting for the perfect project, this run-down gem might just be the one. Set on a generous block in a highly sought after central location, this 2-bedroom, 1-bathroom home is bursting with possibilities for those ready to roll up their sleeves and get to work. Whether you're an experienced renovator or someone looking for a rewarding transformation project, this home offers the ideal blank canvas to create something truly special, like put the shed of your dreams in the backyard or build a granny flat & return an income on one or both properties.
Alternatively this is also ideal for the astute developer, knock down the home & build multiple dwellings as you can't go wrong with this location, the possibilities here are endless.
The floor plan includes two well-sized bedrooms, a central bathroom, and an open-plan living and dining space that benefits from good natural light throughout the day. The original kitchen is functional but calls for a full update to bring it up to modern standards. With solid bones and plenty of character, this house has the potential to be revived into a charming home that blends old-world charm with contemporary style.
At the side of the home is an oversized single garage or workshop space offers an array of possibilities. Whether you need extra storage, a place to tinker on weekend projects, or a dedicated workspace, this versatile space is a valuable addition. The backyard is spacious and offers plenty of room to build the big shed of your dreams or granny flat. Just add your own touches & transform this 2-bedroom rough diamond into a gem.
Don't let the address fool you, this residence is situated on a side access road off Lake Road close to local schools, parks, Glendale shopping centre, public transport, Bunnings, Costco, Glorious Lake Macquarie, Waratah Golf Course the convenience of this location adds even more appeal to the property. With some creative vision, hard work, and determination, this is the rare opportunity that rarely comes onto the market at an affordable price.
Land Size Approx. 757m2 with 18.2m Frontage & 41m Depth
Land Rates Approx. $535 Per Quarter
Water Rates Approx. $259.46 Per Quarter
Currently returning Approx. $320 Per Week on an expired lease.
Opportunities like this are becoming harder to find. Bring your ideas and tools, and unlock the full potential of this unique offering.
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice and achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.
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