6 Kindra Place, North Lambton Old NSW 2299

Superbly set in a family-friendly cul-de-sac on a huge 1258sqm northwest to rear parcel, this strong investment property holds enormous appeal to the savvy investor or developer. Situated an easy stroll to the University of Newcastle and minutes to the Mater and John Hunter Hospitals it has previous Newcastle City Council development consent for two x two storey homes and one single level dwelling (lapsed October 2013).

Inside the existing single level home has been updated with new carpet and a fresh colour scheme and features a separate lounge and eat-in kitchen. All three bedrooms boast ceiling fans with the generous master appointed with a built-in robe. The bathroom features a separate w/c and outdoors there is abundant garaging with a double garage and double carport amid rustic grounds adjacent to bushland reserve.

A great lifestyle base or fantastic portfolio addition, the dwelling is tenanted until September 2014 currently returning $400 per week.

- Single level home on huge 1258sqm northwest to rear parcel
- NCC development consent for three dwellings (lapsed October '13)
- Cul-de-sac address an easy stroll to the University of Newcastle
- Strong investment property currently returning $400 per week
- Freshly updated separate lounge and eat-in kitchen
- Double garage and double carport

Contact your selling agent George Rafty.