11 Moore Street Birmingham Gardens NSW

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Strong Investment with DA Approval To Subdivide And Build
Currently configured for the student lifestyle just 600m from the University of Newcastle, this four bedroom single level home presents as a superb investment opportunity returning $580 per week when fully leased. With its substantial 778sqm allotment and current DA approval to subdivide and build a second four bedroom home on the block, it represents an excellent opportunity for savvy buyers to truly add value and an outstanding chance to reap the multiple income rewards of a potentially high performing investment. Take a lead and be a part of this exceptional find; subdivide, build and make this your very own home with income from the existing property or rent out both in an area that's also minutes from everyday essentials at Stockland Jesmond and only 15 minutes to Newcastle CBD.

- 778sqm parcel with approximate dimensions of 14.12/14.48 X 52.93/58.50m
- DA approval from Newcastle City Council for a two lot subdivision and new detached dwelling at rear of lot
- Existing home has an air-conditioned lounge, eat-in electric-equipped kitchen and four bedrooms served by an older style family bathroom with separate w/c and parking for two vehicles
- Proposed new dwelling has an open plan layout with a powder room, four upper level bedrooms served by two bathrooms and parking for two vehicles
- Short walk to the university and close to shopping and rapid transport to the CBD
  • House
  • 778 sqm
  • $ 505,000

Agent Details

Tony Reville

P: 02 4902 7255

M: 0414 492 905

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