47 Parry Street, Cooks Hill NSW 2300

Expressions Of Interest Closing 06th of October at 5pm.

A premium setting in a blue-ribbon street moments from Newcastle's renowned arts, entertainment and café scene delivers the perfect backdrop to this Federation beauty. Once a manse for the historic Newcastle Baptist Tabernacle, it sits tranquilly within the streetscape displaying all its traditional elegance whilst offering a wealth of outstanding potential.

Presenting immense appeal to investors, it's currently configured as three two bedroom apartments returning $940pw, while the inspiring renovator will delight in the home's early 1900's beauty and ample scope to return to a magnificent family residence. Along with its approximate 597sqm landholding, 14.84m frontage and coveted lifestyle location, developers will immediately recognise the blue-chip appeal to create one or multiple residences of presence and distinction (STCA). It's a unique opportunity, outstanding in its potential with all the advantages of its inner city setting and within easy reach of trendy cafes, beautiful parklands and excellent schools.

Built of enduring character this house is cavity brick in construction. Each of these apartments offer a unique configuration while retaining some of the beautiful elegant detail that these homes are renowned for. Although added later, terrazzo floors are a gorgeous feature in all of the bathrooms. A wide driveway leads through to the rear of the block where there is a double garage and room for additional parking. Adjacent is a storage area and shared laundry. The addition at the back of the house was built on in the early 1960's and is intrinsically of that style.


* Federation home offers exciting possibilities in a coveted inner-city location
* Immensely appealing investment, renovation or development opportunity
* High ceilings some with elegant detailing; timber floors; terrazzo floors in bathrooms
* Live in one apartment while renovating the rest of the home
* Only 400 metres to Darby Street's café and dining scene
* Footsteps from Number One Sports Ground, National Park and Other Cultural Amenities
* Strolling distance to everyday essentials in Marketown
* Unit 1 at front - $ 360pw lease expiry 2/3/16
* Unit 2 at side - $295pw lease expiry 22/1/16
* Unit 3 at rear - $285pw lease expiry 19/10/15