Prized large level north-to-rear bungalow with DA approved plans and R3 Medium Density zoning

Auction Location: In room<br/><br/>Resting in a blue chip location on Parkway Avenue 500m from Bar Beach, this rare opportunity holds enormous potential for those who dream to renovate a period bungalow or build a new contemporary family home or townhouses with all the lifestyle amenities that Newcastle can offer.<br/><br/>This three-bedroom home with period features, set on a generous flat 662sqm block with a coveted northeast-facing backyard, has a 14.33m frontage and R3 Medium Density Zoning allowing builds up to 10m high (STCA) and FSR 0.9:1. <br/><br/>Architectural plans are already DA approved for fast tracking a stunning four-bedroom family retreat with internal courtyard, swimming pool, alfresco entertaining space, and a large private backyard with gorgeous northeasterly sunshine. In the meantime, the current home is more than liveable or lettable.<br/><br/>Your family will love the active, beachside lifestyle here, with mornings filled with swims or surf sessions and afternoons spent shopping and dining.<br/><br/>- 662sqm block with 14.33m frontage, zoned R3 Medium Density<br/>- Out of the Cooks Hill Heritage Conservation Area zone<br/>- Huge level backyard with prized northeasterly aspect<br/>- Three bedrooms (two with robes)<br/>- Adjoining lounge and dining rooms, family sunroom and front office<br/>- Two original bathrooms <br/>- Electric- equipped kitchen with generous storage<br/>- Huge 14m x 3.4m garage with rear roller door for easy access to backyard<br/>- Bar Beach – 500m, Honeysuckle – 1.9km, Newcastle Interchange – 2km<br/>- Harris Farm – 500m, Coles – 800m, Aldi – 1.1km<br/>- Centennial Park, National Park sports grounds, Empire Park, and Genesis Gym all a short stroll away<br/>- Newcastle Grammar, The Junction Public and St Joseph's Primary are all just around the corner<br/><br/>Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.