Classic Home Brimming with Potential
Auction Location: The Arc – 45 Watt Street, Newcastle.
This classic home is ready for a full renovation presenting as the perfect start for first homebuyers, investors and those looking to add their own stamp to an original property in an affordable location.
The home’s practical 3-bedroom floorplan is neat and tidy throughout, although with a wide and generous 607sqm block, the future possibilities are exciting. There’s huge potential to start from scratch and build a brand-new home, work with the existing floorplan and extend upwards or out or modernise throughout to contemporise and add value, all subject to council approval.
Edgeworth is a popular suburb with first home buyers with many affordable homes representing good value for money. With a choice of 3 primary schools, a growing shopping centre and recently renovated tavern, Edgeworth is positioned 25 minutes to Newcastle CBD and moments from the M1 and Hunter Expressway.
– Single level home on northeast facing block approx. dimensions of 15.2m x 40.3m
– Adjoining lounge/dining areas with slate floors, wide arches and timber lined walls
– Neat and tidy kitchen with electric stove
– Covered entertaining area
– Bedrooms are generously proportioned and private
– The bathroom is in original condition
– The backyard offers up a blank canvas to work with
– Solar electricity panels; air-conditioning and ceiling fans
– Single carport and single garage
– 800m from Edgeworth Heights Public school and 450m from St Benedict’s primary
Council Rates: $1,379.84 approx. per annum
Water Rates: $712.8 approx. per annum
This property is being sold under the revolutionary Friendly Auction System.
An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
In-rooms auction event scheduled at The Arc at Watt Street Commercial Centre (Cnr King and Watt St Newcastle). Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
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