Update: this property is under offer. If you would like to be notified should the circumstances change during the cooling off period, please send through an enquiry and we will be in touch.
Set on a 1,012SQM block, land parcels this size rarely come to market. With huge future development/dream home potential (STCA), this property is located in one of the area's most convenient positions.
The opportunities here are endless. With approx. 20.2m frontage there is scope to build multiple dwellings for the keen developer. The extra potential sits with the neighbouring property at No.16, also available for purchase to add a further 1,012SQM of land to your project.
For the homeowner, the potential for a knockdown/rebuild awaits you with enormous scope to create an impressive home, plus ample more space for an additional separate dwelling or resort-style backyard (STCA).
A rare and impressive block, this is the ultimate space to build a statement residence, or even bigger redevelopment.
Highlights:
-- 1,012SQM level block. Approx dimensions 50.4m x 20.2m
-- Currently set up as two flats: 1 x three bedroom plus 1 x one bedroom
-- Currently renting for $380 and $300 p/wk respectively
-- Total floor space for residence 162SQM approx.
-- Four bedrooms
-- Two separate kitchens
-- Two bathrooms
-- Multiple living spaces
-- Scope for renovation to existing dwelling
-- Current dwelling set to the front, allowing for potential subdivision of rear land parcel
-- Also available to be purchased with 16 Gregson Avenue for an approx. 2,024SQM parcel
-- Within walking distance to Mayfield retail hub, cafes and pubs and clubs
-- Fantastic schools within walking distance
-- Fast access to The Mater and John Hunter Hospitals
-- Only minutes to Woolworths, Aldi and new Coles by car/bike
-- Quick drive or bike to Tighes Hill TAFE, Hamilton train station, Newcastle Foreshore, CBD and beaches
Expressions Of Interest campaign closes 5pm Wednesday 18 November 2020, if not sold prior.
For more info and inspections contact Roland or Bec 4967 6770
NOTE: All information has been provided with care for marketing purposes. While ensuring the information provided is correct, we do not take responsibility for any inaccuracies. We recommended that all interested parties conduct their own due diligence as part of their research prior to purchase. Covid Safe procedures will be followed at all inspections.
