Live in, Rent Out, Renovate or Develop – The Choice is Yours

Situated in a dream location for a growing family or an investor, this is a superb lifestyle choice with Waratah shopping village and train station as well as a number of schools and childcare centres conveniently at your fingertips. In addition, this superb address offers quick access to the Mater Hospital and University of Newcastle.<br/><br/>Comfortable for today with strong rental history, the current four-bedroom home on site sits on a wide 695sqm block. If you are ready to get your hands dirty, the path of renovating would be a great option to modernise and add value.<br/><br/>Those with the vision of developing the site for residential purposes will delight in the existing DA approval to build five, 3-bedroom, 2-bathroom townhouses expertly designed by award-wining SDA Architecture.<br/><br/>- Single level clad and tile home on 695sqm landholding with northeasterly aspect<br/>- R3 Medium Density zoning with DA approval to build five townhomes<br/>- Wide approximate 20.4m frontage <br/>- Air-conditioned lounge room and a large eat-in gas equipped kitchen<br/>- Child-friendly backyard with plenty of space to run around or extend (STCA)<br/>- 850m to Calvary Mater Hospital; 2km to University of Newcastle Callaghan Campus<br/>- Surrounded by a choice of public and Catholic primary and high schools as well the highly regarded St. Philip's Christian College<br/>- Approximate return of $400 per week for investors<br/><br/>Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.