585 Glebe Road, Adamstown NSW 2289

With its high growth location, B4 Mixed Use zoning and a price reflective of its current condition, which includes some structural issues, this weatherboard home presents as an exceptional opportunity for savvy buyers to truly add value.

Positioned on a north facing 476sqm allotment with a 12.5metre frontage, it provides a great start for renovators or an ideal platform for a dream new build. Currently split into two flats, (not approved by Newcastle City Council), it also offers excellent investment appeal having recently rented for a combined $570 per week.

The handy location enjoys excellent convenience with shops, transport and quality schools all within walking distance.

* Single level weatherboard home with two kitchens and two bathrooms
* North facing 476sqm allotment with 12.5metre frontage
* Wide side access to no-maintenance backyard offering ample parking
* Two bedroom flat updated with air-conditioning and modern kitchen
* One bedroom air-conditioned flat requires some work
* Exciting potential to renovate, extend or rebuild
* Excellent investment appeal as dual occupancy (STCA)
* Stroll to Adamstown shops, trains and buses