Get more bang for your development dollar with this versatile Thornton property.
Featuring a three-bedroom home on a deep 2396sqm block, the potential-packed purchase also comes with development application approval for a small residential development onsite. This will give its new owners the flexibility to earn an immediate rental potential while they build on the blocks development potential with the construction of the five DA approved homes.
The property is located within walking distance of the local Thornton primary school, shopping centre, healthcare providers and sporting facilities, making it appealing for a variety of potential tenants including downsizers, retirees, couples and families.
The existing three-bedroom home sits at the front of the block with a concrete driveway providing direct access from Eurimbla Street.
With weatherboard cladding and an iron roof, the home has been well maintained and is neatly presented with a tidy front garden and manicured lawn.
Inside, the home has been partially modernised, with a fresh, neutral colour scheme, stylish carpet on the floors in the front living area and bedrooms, and a contemporary timber and glass panelled front door.
The three bedrooms all feature ceiling fans for added comfort, while the main bedroom has a built-in wardrobe with mirrored sliding doors. The front bedroom offers a dual aspect that bathes the space in natural light, while feature timber paneling on the walls adds warmth and texture to the area.
The bathroom is a functional space with a combined bath and shower and a modern vanity, with the opportunity to add further value to the home with a future facelift.
The spacious eat-in kitchen sits at the heart of the home and features plenty of preparation and storage space, with timber-look overhead and underbench cabinetry and a fresh, white laminate benchtop.
With the look of a slate floor but the practicality of linoleum, the hard-wearing kitchen floor flows through to the rear rumpus room for a seamless connection of the adjoining living spaces. The versatile space overlooks the rear yard and provides access to a good-sized laundry and separate toilet.
A landing at the rear of the home leads down to the fenced house yard, which has been separated from the rear portion of the block with a corrugated iron fence and gate. This yard also contains a standalone single garage, with additional carport and storage areas attached.
Rural-style fencing surrounds the remainder of the block, which slopes gently down to the rear boundary where access can be gained to the property via a natural corridor of land that runs parallel to Eurimbla Street from Edwards Avenue to Government Road.
The propertys current owners have already secured council approval to develop this rear portion of the block, with plans in place to build five new dwellings, including four three-bedroom homes and one four-bedroom home.
The DA approved plans and notice of assessment can be downloaded and viewed by potential buyers.
Located in the bustling heart of Thornton, the property is ideally positioned with quick access to the regions major transport links, which provide easy connectivity to the key attractions of Newcastle, Lake Macquarie and the Hunter Valley. A 20 minute drive will also deliver you to Newcastle Airport, with direct flights to major metropolitan and regional centres including Sydney, Melbourne, Brisbane and the Gold Coast.
SMS 16Eurim to 0428 166 755 for a link to the on-line property brochure.
