Outstanding development opportunity in ultra-convenient location
Situated in the heart of Kotara, this gorgeous home offers innumerable options to the astute buyer. Snap this property up as your first home and retain the retro aesthetic or modernise with a cosmetic renovation. Alternatively, add this property - in its incredible location - to your investment portfolio and develop an enviably-positioned, contemporary apartment complex.
With R3 medium density zoning and a wide frontage, there exists the possibility for developers to transform this property into town houses, villas or medium rise apartments(subject to council approval) just minutes from the beach, the city and within walking distance of the hugely popular Kotara Westfield and Home Co. Stroll to dinner at the Rooftop or head to the Beerhaus for drinks with friends. Never fight for a parking spot for Christmas shopping again! This property is also just 15 mins drive from the University of Newcastle, where students are in desperate need of accommodation, and 12 minutes from John Hunter Hospital.
This original three-bedroom home has everything you need and nothing you don't. Kept in beautiful condition by the current owners, it possesses a simple floorplan, but also boasts considerable potential for improvement. Add a plunge pool in the back yard, extend the deck or build a cellar or storage space under house for all of the toys. You will definitely need the mountain bikes and the surfboards, being just 10 minutes on the Fernleigh Trail to Glenrock mountain bike and hiking tracks or 10 minutes in the car to the stunning Merewether Beach!
• Incredible location - just 100 metres from Westfield Kotara on the quiet Southern side
• R3 zoning allowing extensive development opportunities(subject to council approval)
• Over 600sqm block of land
• Current three-bedroom home is in immaculate condition
• Large covered carport, sizeable backyard and sweet front porch
• 1 min to Westfield Kotara, 8 mins to Charlestown Square
• 3 mins to Adamstown Station, 5 mins to Blackbutt Nature Reserve
• 1 min Bel Air Public, 3 mins Kotara High and St Pius High
• 10 mins to Merewether Beach, 13 mins to the shores of Lake Macquarie
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.
