Carpe Diem - incredible opportunity for the astute investor
217 & 219 Broadmeadow Road, Broadmeadow
Seldom does an opportunity like this arise. Do not miss your chance to seize the day!
In an exceedingly rare situation, these two excellent properties have become available side-by -side. The combined area of these two adjacent blocks is a parcel of land over 1011sqm, with more than 20m street frontage – ideal for any number of development options - from a luxurious duplex to a boutique multi-storey townhouse or unit complex(subject to council approval).
Whether you are an investor looking for immediate income, or a developer planning your next big project in booming Newcastle, or perhaps both - this site ticks all the boxes.
Less than ten minutes from both the CBD and Newcastle's stunning beaches, this popular and central suburb is a perfect example of why Newcastle was recently voted one of the ten best places to live in Australia!
Your future tenants, or those who pay a premium to purchase your completed development, can easily walk to Beaumont Street for dinner and drinks. When the big events are in town this superb location allows them to beat the traffic - situated as it is just a few minutes' walk from McDonald Jones Stadium, the Newcastle Entertainment Centre, Newcastle Farmers Markets and the Race Course! At the same time Broadmeadow still offers a village vibe, with a vibrant local café culture, sought-after schools, quiet, walkable streets and abundant parks.
The existing homes would provide a reliable source of rental income while you get the DA in place for development. 217 Broadmeadow Road is a 3-bedroom home while 219 is a 2-bedroom home - both offering lock up garages, rear lane access and fenced yards.
· Huge 1011+ combined block size and wide street frontage
· R3 Medium Density Residential Zoning
· Rear lane access – ideal for multiple dwelling development
· Close to the city, beaches and situated in the thriving suburb of Broadmeadow
· Walking distance to local schools, shops, cafes and restaurants
· Easy access to excellent public transport - both train and bus
· 650m to Hamilton Public School and Merewether High
· 8 mins to Westfield Kotara, 9 mins to CBD
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 enquiry
