Circa 1927, this brick residence has a great street appeal and a location with so much to offer.
With public transport within 50m, the Cafes and restaurants of Beaumont street just 500m away and a 2min drive to Newcastle CBD, this property is hard to go past for families looking for a long term home or investors looking for long term growth.
Behind a picket fence you will find a recently re-pointed facade with entry via porch area. Inside you are greeted with a very versatile layout. At one point used as professional suites, the rooms are large and have high, decorative ceilings in some rooms.
The main bedroom at the front of the house has a built in robe dual access to a renovated bathroom, the second and third bedrooms both also of substantial proportions, one featuring a decorative fireplace.
There is a large central lounge and dining area, or it can simply be a massive lounge (depending on your chosen use for the 4th bedroom/study/separate dining room at rear, with it's own air-conditioning)
The kitchen is quite original and would be one of the areas you could add your own touch too, perhaps with a large extension at rear (subject to council approval). PRD has some great plans we can show you of another property we sold in a nearby suburb that was extended, with the same original layout, but around double the final price!
As mentioned there is a 4th room at the rear, which would suit office, 4th bed or separate dining. It would serve well as a rented room if your desire was to maximize rental by leasing rooms out separately.
The laundry has a combined shower area, forming a second bathroom and is a step down from the rear of the house. There is a lockable storage area behind this too.
One of the main assets of this property is the land size, depth and aspect. The North facing rear yard is just begging for you to extend the home, with a large rear deck, landscaping, massive garage and a veggie patch.
There's room for it all here and it is accessed off the wide shared driveway at the side. The neighbours will pose no problem to you and are basically only there in business hours, great for security.
Our vendors had major plans for this property and will be sad not to carry through with them, but their circumstances have changed and they will now hand the reigns over to another lucky buyer.
Standard long term rental potential of appox $485 per week, though as separate rooms, you may achieve as much as $600 per week with an upgraded kitchen.
You could park 12 cars in the rear yard too, if there was ever a need.
Be quick to inspect this home and bring your pencil and pad to work out your plans for maximizing what is on offer.
What is PRDnationwide's Main Event?
The Main Event is run only 2-4 times a year by PRDnationwide Newcastle and Lake Macquarie group as a show case of their most motivated sellers who are looking to sell their fantastic properties in the pre-determined time frames offered by PRD's Friendly Auction System.
All of the properties submitted in the Main Event will be put under the hammer on the one evening or day, if they are not sold beforehand.
It is a great opportunity for buyers, as you can rest assured all vendors in the event are realistic and willing to listen to the market. PRD has great systems to make it even easier to buy through auction than through normal 'For Sale' ask us how.
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