Property Highlights:
- A renovated cottage charmer set across from the sparkling shores of Lake Macquarie
- Potential plus with R3 Medium Density zoning, wide side access, and double gated side lane access to the massive yard
- Potential to add a second dwelling at the rear (STCA)
- Split system air conditioning in the living and bedroom, plus ceiling fans
- Freshly painted inside and out, plus updated carpet throughout
Large open plan living and dining room set at the entrance of the home
- A compact kitchen including a freestanding oven with a 4 burner cooktop and a rangehood
- Two spacious bedrooms, one with direct access to the front deck
- An updated bathroom and laundry combination
- A covered alfresco area overlooking the generously sized, fully fenced, grassed backyard
- Three phase power, a solar system, and a new electric heat pump hot water system
Outgoings:
Council Rates: $2,057.20 approx. per annum
Rental Return: $500 approx. per week
Freshly updated throughout and ready for a new chapter, this charming weatherboard and Colorbond roof cottage offers lakeside living paired with exciting potential for the future. Positioned on a 562.6sqm block with R3 Medium Density zoning, this home provides immediate comfort today with the scope to explore development opportunities (subject to Council approval) when the time is right.
Positioned directly across the road from the sparkling waters of Lake Macquarie, this home enjoys an enviable lifestyle location. Toronto is just five minutes away for shopping, dining and essential services, and in just 15 minutes, you can be strolling the café strip and walking trails of Warners Bay. Newcastle's vibrant city centre and beaches are only 35 minutes away, with the Hunter Valley vineyards a 40 minute drive for your weekend escapes.
Packed with opportunity, this property features side access via Ottys Lane, which opens the door to exciting possibilities, whether you're considering a second dwelling or a future development. The R3 Medium Density zoning provides flexibility for those with an eye to the future, subject to Council approval.
Arriving at the home, a grassed front lawn, a covered front deck and a newly painted exterior set a welcoming tone, while wide access down both sides of the home adds extra convenience. Step inside to freshly painted interiors where updated carpet creates a soft, inviting feel throughout.
The living and dining area sits at the entrance of the home, complete with downlights, a ceiling fan and a Daikin split system air conditioner. The compact kitchen is appointed with a freestanding oven that includes a four burner cooktop and a range.
Two bedrooms provide comfortable accommodation, with the first offering a ceiling fan and direct access to the front deck, perfect for enjoying the lake views. The second bedroom is impressively large, fitted with a ceiling fan and an Electrolux Kelvinator air conditioner. An updated bathroom combines a shower and laundry facilities for added practicality.
Step outside to a small undercover alfresco area overlooking the expansive, fully fenced backyard, offering plenty of space for children, pets or future projects.
Added extras include a new heat pump hot water system, three phase power and an 8 panel solar system, adding value to this already impressive package.
Whether you're looking to move straight in, secure a smart investment or take advantage of the development potential, this property presents a rare chance to enjoy lakeside living with future rewards. We encourage our clients to contact the team at Clarke & Co Estate Agents today to arrange their inspections.
Why you'll love where you live;
- Set right across the road from 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
- 40 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.
