If you're a savvy investor, developer, or builder or home owner looking for a large block to build your dream or next big project - this is the one you've been waiting for!
Set on a sprawling half-acre block in a sought-after location, this derelict and currently non-livable home offers a rare opportunity to knock down and rebuild your dream home, or subdivide and develop (STCA). With generous street frontage, a near-level block, and wide side access, the site is bursting with potential for multiple dwellings or a custom lifestyle property.
The existing house, while in a state of serious disrepair, still stands as a nod to its former character - and for the brave renovator, a full restoration is not out of the question. Whether you choose to revive its rustic bones or start from scratch, the value lies in the land and the future possibilities.
With a rear rural outlook and situated in a very handy central location this is the one you've been searching for.
Property Highlights:
-Land Size Approx. 2,126m2 with 20m Frontage & 104.9m Depth
-Land Rates Approx. $581 Per Quarter
-Water Rates Approx. $259.46 Per Quarter
-Zoned for residential use - huge potential for subdivision and redevelopment (STCA)
-Existing structure is non-livable in current condition - ideal knock-down rebuild
-Wide street frontage with easy access for construction or machinery
-Peaceful surrounds, yet only minutes to shops, schools, transport, and amenities
-A blank canvas with room for multiple dwellings, granny flats or duplexes (STCA)
Whether you're chasing a rewarding flip, looking to capitalise on future growth, or dreaming of creating a multi-home estate, this unique property delivers endless potential in spades.
What will you do with rare opportunity?
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.