Don't miss this opportunity to secure this unique site that is perfect for development. On offer is four adjoining properties in one line. The potential is endless.
* Land size of over 2,023 sqm
* Zoning of R3 Medium Density Residential
* The site has 4 homes currently leased to quality tenants
* At the rear of the site there is also off street parking for at least 12 cars
The site is situated within a short drive of a number of popular locations:
* Newcastle CBD 4kms
* Westfield Kotara 4.6kms
* Merewether Beach 3.7kms
* John Hunter Hospital 5.7kms
* Newcastle University 6.1kms
Hamilton Station and buses are within walking distance as well as busy Beaumont Street and the ever popular cafe, bar and restaurant strip Hamilton it is famous for.
This is a quality investment that will continue to improve in value over time. There are plenty of possibilities for this property including renovating each property then selling them off one at a time or you could clear the site and develop townhouses or units or even do an over 55's development. Sites like this in Hamilton are a rarity and it will be snapped up quickly by an astute buyer.
The current vendor is ready to listen to the market and intends to sell. Contact the agent for an information memorandum and a site inspection today.
For more details, please email agent