Property Highlights:
- A sprawling 5333.2 sqm block of land offering incredible potential
- Potential to retain the existing dwelling and build a second home at the rear
- An existing home with classic features including high ornate ceilings
- Three bedrooms, all spacious in size
- Split system air conditioning in one of the bedrooms, plus a ceiling fan
- Original bathroom and kitchen ready to be revitalised
- Separate single car shed, plus a carport
Outgoings:
Council Rates: $2,750.83 approx. per annum
Rental Returns: $450 approx. per week
Opportunities like this don't come around often! Set on a sprawling 5333.2 sqm block, this unique property offers an exciting canvas for developers, investors, or those looking to create their dream home.
With Council advice indicating the potential to retain the existing dwelling and build a second home at the rear the possibilities here are endless. While a portion of the land is flood liable, there's still ample flood free space offering future development potential.
Perfectly positioned for convenience, this ideal location places you just 15 minutes from Green Hills Shopping Centre, where a world of retail, dining, and entertainment awaits. Newcastle's vibrant CBD and stunning beaches are only 35 minutes away, as are the renowned Hunter Valley Vineyards, offering the perfect balance of lifestyle and accessibility.
The existing home, built in the 1930s, retains its original charm with high ceilings throughout. Stepping inside, the lounge room features carpet underfoot, an ornate ceiling, and a large window dressed with a roller blind. The kitchen, while in need of a full renovation, presents a spacious footprint that could be transformed into a modern culinary haven.
Three generously sized bedrooms, all with carpet flooring and roller blinds, provide comfortable accommodation. One enjoys a ceiling fan, while another benefits from an updated Mitsubishi Electric split system air conditioner. The bathroom includes a shower and a vanity, with scope for further updates.
Outside, the expansive backyard boasts picturesque views and plenty of space to explore future possibilities. A single carport leads to a separate single car shed, while the massive yard offers the perfect space for kids and pets to play and enjoy.
Whether you're looking to develop, renovate, or invest, this exceptional property is bursting with potential. Don't miss out on this rare opportunity to secure a substantial landholding in a prime location! We encourage our interested clients to contact the team at Clarke & Co Estate Agents today to secure their inspections.
Why you'll love where you live;
- Located just 15 minutes from Green Hills Shopping Centre, offering an impressive range of retail, dining and entertainment options close to home
- A short drive to Beresfield's train station and shopping precinct
- Within easy reach of main road connections including the New England and Pacific Highways
- 35 minutes to the city lights and sights of Newcastle
- 35 minutes to the gourmet delights of the Hunter Valley Vineyards
***Health & Safety Measures are in Place for Open Homes & All Private Inspections
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. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. 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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