SoldNov 24, 2021

19 Mitchell Street, Stockton, NSW, 2295

$1,300,000

4
3
2
270 m²

House

•

21 days on the market

Sold: Nov 24, 2021

What's around 19 Mitchell Street

An abundance of options for the savvy investor

Smack bang in the commercial strip of Stockton, this modernized large freestanding terrace oozes street appeal and offers plenty of options now and into the future! With B2 local centre zoning, there is potential for many commercial uses STCA, permissible options include retail, food and drink outlet, shops, offices including medical centre. Current use of the property is 2 x residential units. Unit 1, freshened throughout offering 1 bedroom, 1 bathroom and private courtyard. Rental potential of $440 per week. Unit 2 offering 3 massive bedrooms with balconies, 2 bathrooms, generous sized kitchen and under cover alfresco area, as well as side lane access to a big single garage with plenty of storage space. Rental potential for unit 2 $650 per week. Ideally located only 400 metres to Stockton Ferry Wharf, then a 5 minute ride to Newcastle CBD. Minutes to Stockton Beach, local shops, cafes, pubs and parks all at your fingertips. Newcastle airport, just a short 12 minute drive. Council rates approximately $1,923 per annum. • In the heart of Stockton CBD, moments to the beach and harbour • Comprising 2 x separate units • Unit 1, 1 bedroom, 1 bathroom, courtyard area • Unit 2, 3 bedroom, 2 bathroom, large single garage, side lane access • Zoned B2, many commercial uses allowed, STCA • Oversized balcony with views across the harbour to Newcastle • Only 400 metres to Stockton Ferry Wharf, 5 minute ride to Newcastle • Stone's throw to shops, cafes, pubs, beach and park • Amazing investment opportunity, rental potential of $1,100 per week The Auction will be held on Thursday 25th November at 4:30pm if not sold prior. Pest and building report available on request. To register to bid at Auction please copy the link - https://auctionnow.com.au/properties/81318 Call for more information to book your private inspection
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