What an amazing opportunity to secure a prime development site or dream acreage home right in the heart of town. Situated on a huge 2.4acre parcel of land is this renovated family property giving you endless options from large subdivisions or highly sought after acreage living meters from everything you could need. This sought after location is only minutes to acres of sporting fields, local shopping village, train station, schools, transport, the M1 Motorway & only 15mins to Newcastle CBD!
Arriving at the home you are greeted with a large 31m frontage, oversized 4 car garage & side access to the acres of space awaiting you. Making your way inside you will love the renovations showcasing 9ft ceilings, fresh paint, ornate cornice & a huge main living room with reverse cycle a/c & projector for those ultimate movie nights. This continues out to a large dining & kitchen, your kitchen has one of the most high-end renovations showcasing a huge amount of cupboard space, soft close drawers, 40mm stone benchtops, luxury stainless steel appliances, breakfast bar & so much more! Separate from all of the living are two super king-size bedrooms each with built-in rove & reverse cycle a/c. These rooms share a stunning main bathroom with floor to ceiling tiles, stone benchtops, frameless glass shower & high-end inclusions. In addition to this is also a large master bedroom with built-in robe, a/c & private ensuite.
Connecting your indoor/outdoor living is a large undercover patio all overlooking the endless acres of space & sparkling in-ground pool. Here you can spend hours entertaining family and friends while the kids & pets use the fantastic size yard for bikes, horses, motorbikes or whatever you may desire. The large in-ground pool is also the perfect option to cool off on a hot summers day.
PROPERTY BREAK DOWN for Development
- This amazing site is broken down into 1 acre of R2 – Low Density Residential land (ask for attached plans) which is perfect for a large development site with the option to still keep the existing home.
- The remaining 1.4 acres of the site at the rear is E3 – Environmental living which could be used as a great size yard or hobby farm.
- Existing home cut off on 500 - 600sqm would be worth approx. $680,000 to $710,000
- Sewer and stormwater cutting the block.
- Newcastle council is 200sqm for Torrens title subdivision & NO minimum for Strata title subdivision.
- Approx. rental value of just the house would be $600per week
Outgoings:
Council rates: $2,088 approx. per annum
Water rates: $722.37 approx per annum
**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
COVID-19 UPDATE FOR INSPECTIONS
Due to the recent lock down we have had to change the way we do inspections. We are allowed to legally do 1 on 1 inspections with clients, however to limit the unnecessary inspections & to follow our covid safe guidelines we ask you meet the following criteria:
- Have a pre-approval of finance or application pending
- Have checked the estimated price guide and have that budget to spend
- Are able to purchase a home asap without having to sell a home first
- Not travelling from Sydney
If you meet this criteria above and wish to view please reply back with your details and we will arrange a suitable day and time for you.
We apologise for the inconvenience during this tough time we are just trying to limit the amount of unnecessary inspections and keep everyone safe
