A ready-made investment with serious upside, this block of three x two-bedroom townhouses sits on one title in sought-after Adamstown. Fully leased, each townhouse offers an air-conditioned lounge and dining zone, a tidy electric kitchen, powder room, full-size bathroom upstairs, low-maintenance garden, and a single lock-up garage.
The tenants clearly take pride in their homes, making this a true set-and-forget opportunity. Down the line, you've got options to renovate and refresh, strata-title and sell individually, or explore potential development on the 588.1sqm block with dual frontage to South Street.
Adamstown nails location, blending family-friendly vibes with unbeatable convenience. It's home to top schools, parkland, and the famous Fernleigh Track, with nearby trains zipping you to Newcastle CBD or down to Sydney. Everything else is within a five-minute drive including Westfield Kotara's shops, The Junction precinct's dining scene, Glenrock's bush trails, and Merewether Beach's iconic surf. A rock-solid investment with room to grow, this one's sure to catch the eye of savvy investors, developers, and renovators alike.
- Three x two bedroom townhomes, all smartly kept by great tenants
- 588.1sqm corner block R2 Low Density zoning
- Approximate 16.76m frontage to South St X 38.1m frontage to Garden Grove Parade
- Trinity Catholic College – 1.1km, St Columba's Primary – 1.3km, Adamstown Public School – 2.1km, Kotara High – 3.1km
- Merewether Beach – 5.6km, Honeysuckle – 6.6km
