99 City Rd - OLD, Merewether NSW 2291

The descriptive terms of 656m2 of land and a tidy, modernised 3/4 bedroom home don't come up together often under $450,000. They certainly don't come up together often in Merewether. This is your chance to get into this bustling city market before it get out of reach.

This property has recently been painted outside and will benefit further from some clever landscaping and perhaps a fence out front. It features a wide side drive with plenty of turning space at front and a lock up garage.
The rear yard is flat, fenced and grassed and has an outdoor toilet also. Homes in this price range rarely have this kind of space.

A previous property owner once held DA approval for a subdivison and the erection of another dwelling in the rear yard. The hard work is already done on this and the approval may easily be re-engaged subject to ncc approval.

Inside is a real surprise package, where you will find polished timber flooring, modern paint schemes and a kitchen with plenty of storage space.
There are 3 spacious bedrooms with built in robes and 2 fantastic bathrooms with quality fit out.
Upstairs is a great 4th bedroom or loft retreat/study area, very popular with the current tenant.
Rental potential here is $450-$465 per week at present, so it could be a great way to build capital growth for the future with great returns along the way.
OR
Move in to your fantastic city pad, with parking and proximity to all the things that matter (beach, The Junction and the CBD)