Property Highlights:
- A prime development or renovation project set within moments of the Lake!
- Spacious 739.8 sqm corner block, zoned R3 Medium Density Residential - providing plenty of opportunity for the astute buyer
- Existing original home, with a current tenancy in place
- Three spacious bedrooms and a living room with a decorative fireplace
- Kitchen featuring plenty of storage, 20mm benchtops, a dual sink, a freestanding Chef oven and space for a dining zone
- Bathroom with a shower/bath combination and a separate WC
- Large yard with established gardens and banana trees
- Gas hot water, and NBN fibre to the premises
Presenting an incredible opportunity in Fennell Bay, this classic fibro and tiled roof home sits on a generous 739.8sqm corner block, offering outstanding development potential or a rewarding project for keen renovators. With R3 Medium Density Residential zoning, this site lends itself to a variety of future possibilities, including the potential for up to three townhouses (subject to Council approval). Currently tenanted, it also provides an ideal holding income while plans take shape.
Just moments from the shimmering shores of Lake Macquarie, this location promises an easy lakeside lifestyle with foreshore walks and leafy reserves mere minutes away. Toronto's shopping, dining and essential services are just 5 minutes from home, while Warners Bay's vibrant café strip is a quick 15 minute drive. Newcastle's coastline can be reached in around 35 minutes, and the Hunter Valley vineyards are only a 45 minute drive, ensuring your weekends are always full of choice.
Stepping inside, this home immediately reveals its old world charm, with soaring ceilings, coved cornices and picture rails adding character throughout. The living room sits at the front and offers a decorative fireplace as a nostalgic focal point, creating a warm, homely feel.
The kitchen includes an eat-in dining area, 20mm benchtops, generous storage, a dual sink and a freestanding Chef oven with a stovetop and a range hood overhead. A handy rear door leads straight outside, ideal for easy access to the backyard.
All three bedrooms are comfortably sized and carpeted, offering a blank canvas for renovation or redesign depending on your long term vision. The bathroom includes a built-in bath and shower combination, a shaver cabinet and a separate WC for everyday practicality.
Outdoors, the spacious yard includes established gardens and mature banana trees, offering endless scope, whether you're considering development, planning a future extension (subject to Council approval), or simply wanting ample green space to enjoy.
Added features include gas hot water and NBN fibre to the premises, offering additional convenience.
An opportunity of this calibre, combining generous zoning, a sizable corner block and unbeatable proximity to Lake Macquarie, is bound to attract a large volume of interest. Whether you're looking to develop or transform the current home, this property offers exceptional potential in a convenient lakeside suburb. We encourage our clients to contact the team at Clarke & Co Estate Agents today to secure their inspections.
Why you'll love where you live;
- Set within moments of the sparkling shores of Lake Macquarie
- 5 minutes to Toronto, with a range of services, dining options and recreational spaces
- A 15 minute drive to Warners Bay with shops, cafes and restaurants to enjoy
- 10 minutes to Speers Point Park with cafes, a playground, and lakeside walking tracks to explore
- 35 minutes from Newcastle's city and beaches
- 45 minutes to the sights and gourmet delights of the Hunter Valley vineyards
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
