483 Freemans Drive, Cooranbong NSW 2265

Set on a generous approx. 1238m² block, this well-located property presents an outstanding opportunity for investors or developers. With the potential to build up to three dwellings (STCA), it's a rare chance to capitalise on strong rental demand and a thriving local market.

The existing home is currently rented, offering potential for immediate income while you plan your next steps. Inside, you'll find a tidy kitchen and dual living areas plus a bonus study all warmed by a fireplace and split system air. Two bedrooms with built-ins provide comfortable accommodation, while the double garage with bonus storage room adds extra flexibility.
Outside, a huge fully fenced backyard makes the most of the expansive block.

Features include:
- Currently rented allowing potential immediate income
- Two living areas plus bonus study
- Home includes fireplace and split system air conditioning
- Three bedrooms - two with built-ins
- Two car garage with bonus storage room
- Large fenced yard
- Short walk to transport, close to shops and walking tracks
- Easy access to the M1 and Morisset Station for commuting to Sydney or Newcastle
- Close to the Cooranbong Park & Sports Complex
- Close to Watagan National Park, Lake Macquarie, Trinity Point and Awaba Mountain Bike Park
- Close to the new Cedar Mill Lake Macquarie entertainment precinct currently under development
- Excellent dining nearby: Bistro Eden and 8@Trinity
- Close to Avondale School, Heritage College, St John Vianney Primary, Cooranbong Public School and Avondale University
- 60-70 minutes to Sydney outskirts, 50 minutes to Newcastle CBD, and 30-40 minutes to the Hunter Valley

**Expected rental income of $550-600/week with the award-winning Harcourts Property Management team: 02 4038 1444

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.