Knock Down Rebuild or Development Opportunity 500m from the Sand and Surf
Auction Location: The Arc, 45 Watt Street Newcastle.
On offer for the first time in over 33 years, this much-loved single-level home is readily liveable or rentable yet is packed with potential to modernise and add value. Alternatively, the 707sqm block with 15.24m frontage presents as the perfect parcel of land to design your dream home or duplex (STCA). Indeed, inspiration is all around as this tightly held residence is surrounded by contemporary new coastal homes.
In its current configuration, the property features open plan lounge and dining rooms, a gas-equipped kitchen and three bedrooms served by a family bathroom and master ensuite. The deep, level block offers good access for construction and features a double carport with workshop and sheds.
Less than 500m from Merewether Beach, ocean baths and seaside bars and restaurants, as well as a short dash to the local shops, this enticing property offers the winning combination of position and potential.
– North facing single storey home on 707sqm parcel
– Approximate dimensions of 15.24m X 45.72m
– Open plan lounge and dining with timber floors
– Air-conditioning, gas heating and ceiling fans provide climate control
– All three bedrooms appointed with built-in robes
– 600m to Llewellyn Road’s IGA supermarket, cafes, childcare and doctor’s surgery
– Entry level into Merewether with excellent scope to capitalise on a large block
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.
Council Rates: $4,064 approx. per annum
Water Rates: $790.92 approx. per annum
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