104 Northcott Drive
Adamstown Heights NSW 2289

Development Opportunity in One of Newcastle's most Prestigious Suburbs

Opportunities like this simply do not present themselves every day. Two properties for sale, positioned side by side, just moments from one of Newcastle's biggest retail and dining hubs, less than 15 minutes from the heart of this thriving coastal city and 10 minutes from stunning beaches.

Comprising a total of more than 1400 sqm, 102 and 104 Northcott Drive present an incredible opportunity to develop and on-sell, or retain as an addition to your investment portfolio, a contemporary town house complex or luxury apartments – all in high demand in this robust market. Both properties currently have existing 2 bedroom homes both highly suitable as rental properties which would provide an income while approvals are being sought and plans are being made. 104 Northcott currently boasts a 2 bedroom, 2 bathroom house which has been updated with a contemporary kitchen and bathroom, duck egg blue tones throughout, split system air conditioning and modern blinds.

• 607sqm property with existing 2 bedroom home
• Neighbouring property also for sale – 2 bedroom home on huge 860sqm block
• Incredible opportunity for an extensive townhouse complex or apartment development (subject to council approval)
• Newcastle is a regional city on the east coast of Australia with a thriving property market showing no signs of abating
• 160 metres to Westfield Kotara, 800 metres to Kotara Homeco
• 50 metres to the Fernleigh Track and 2km to Glenrock State Conservation Area mountain bike trails
• 2 mins to Adamstown Train station – a direct line to Sydney Central or to the Newcastle Interchange
• 9 mins to Merewether Beach, 15 mins to Newcastle CBD and Honeysuckle dining precinct
• 10 mins to John Hunter Hospital, 15 mins to Newcastle Uni city campus
• 3 mins to St Pius X High and Kotara High, 4 mins to Kotara South Public School and St James Catholic Primary

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries

Outgoings

Council rates are approximately $2150 per year
Water rates are approximately $856.17 per year