This rare DA approved opportunity provides multiple value-add potential in Newcastle's most popular Suburbs. The block presents a diverse opportunity to prospective purchasers to secure a safe residential investment with significant value-add potential. Boasting a significant land holding of 1,113m2, 24m of frontage, dimensions 24m x 46m, it commands a prominent area.
Arguably one of Gateshead's premier development sites, this significant property offers a fabulous opportunity to the astute developer. A block of land 1113m2 offering incredible potential with R3 Medium Density Zoning with a 2 bedroom house on block which is already tenanted currently paying $350/week.
Approved DA Application for 5 x townhouses including:
Unit 1. 3 Beds, 2 bathrooms, 2 car garages
Unit 2. 3 Beds, 2 bathrooms, 2 car garages
Unit 3. 2 Beds, 1 media room, 2 bathrooms, 1 car garage
Unit 4. 3 Beds, 2 bathrooms, 2 car garages
Unit 5. 2 Beds, 1 media room, 2 bathrooms, 1 car garage
At the heart of Gateshead, 9 Oxford St is situated just moments from Charlestown Shopping Centre, walk to the local shops, parks, public transport, pubs and all the suburb has to offer, plus everywhere is within a 20 minute drive! 7 Minutes drive to Redhead Beach & Lake Macquarie.
Plans & DA available on request. These stunningly designed townhouses perfect for 1st or 2nd home buyer. Do not miss this opportunity, be quick.
Disclaimer:
All information contained in this listing is provided to Global Property by the third parties, and is intended as a guide only. No warranty is given as to it's accuracy and purchasers should rely on their own inquiries.
