Development - Ready Opportunity

For exclusive access to River Realty VIP properties please join http://bit.ly/RiverVIPs today, or SMS 'RiverVIPS' to 0428 166 755. <br/><br/>The Fast Facts<br/>- Development Approval (DA) has been obtained for constructing four new villas or townhomes behind the existing house.<br/>- Each new property features a layout with 3 bedrooms, 2 bathrooms, and double garages.<br/>- Set on an 1,733m2 allotment <br/>- Comprehensive DA & CC documentation is readily available for review.<br/>- All necessary services (e.g. water, electricity, sewage) are already connected to the site.<br/>- The property boasts a generous frontage exceeding 20 metres.<br/>- The existing home currently yields a rental income of $500 per week.<br/>- The current house comprises 3 bedrooms and 1 bathroom, featuring a comfortable living space.<br/>- Conveniently located near Lawes Street, offering easy access to grocers, cafes, medical facilities, and pharmacies.<br/>- Within walking distance of Easts Leisure and Golf, enhancing recreational opportunities.<br/><br/>The Agent Loves<br/>"This is a rare find in East Maitland, offering both a steady rental yield and the promise of growth through approved plans for new residences. It's perfect for those looking to capitalize on a prime location and opportunity". <br/><br/>The Location<br/>East Maitland is a highly sought-after suburb that caters to those seeking a well-rounded and convenient lifestyle. It offers unparalleled access to everything you need, whether it's a leisurely stroll to the nearby shopping village or a quick drive to the new Maitland Hospital and Stockland Green Hills shopping centre.<br/><br/>Maitland CBD - 7 min (5.2km)<br/>Stockland Green Hills - 3 min (1.7km)<br/>Newcastle CBD - 32 min (30.7km)<br/><br/>The Snapshot<br/>Discover the potential and opportunity at 35 Raymond Terrace, East Maitland. With DA approval for four new villas/townhomes, each featuring 3 bedrooms, 2 bathrooms, and double garages, this property offers an exciting development opportunity. Enjoy over 20 metres of frontage and a steady $500/week rental income from the existing 3-bedroom, 1-bathroom home. This is a prime chance to invest in a growing area, blending current rental yield with future development prospects. <br/><br/>The Opportunity<br/>Nestled in the heart of East Maitland, this unique property at 35 Raymond Terrace presents a rare and lucrative development opportunity set on 1,733m2. Already approved for the construction of four new villas or townhomes, this is a perfect venture for investors or developers seeking a project with high potential.<br/><br/>The DA-approved plan showcases the layout of each new property, thoughtfully designed with modern living in mind. These spacious villas or townhomes will feature 3 bedrooms, 2 bathrooms, and the convenience of double garages, catering to a variety of lifestyle needs.<br/><br/>In addition to the future development, the site currently houses a charming and well-maintained 3-bedroom, 1-bathroom home. This delightful property boasts polished timber floorboards, an updated kitchen complete with stainless steel appliances and a gas cooktop. The light-filled living space, featuring an original brick fireplace and new blinds throughout, flows effortlessly onto a generous rear deck.<br/><br/>Conveniently, all the comprehensive DA and CC documents related to the development are readily available, ensuring a smooth transition for the new owners. The property also offers over 20m of street frontage and has all necessary services available on-site.<br/><br/>Currently, the existing home is leased for $500 per week, offering an immediate return on investment.<br/><br/>Situated in a prime East Maitland position, the property benefits from its proximity to Lawes Street amenities, including grocers, cafes, doctor's surgeries, and a pharmacy. Plus, it's within walking distance to Easts Leisure and Golf, adding to the allure of this exceptional offering.<br/><br/>Don't miss this chance to be part of East Maitland's vibrant future. Contact us today to explore this outstanding development opportunity at 35 Raymond Terrace!<br/><br/>SMS 35Ray to 0428 166 755 for a link to the online property brochure.