PRICE GUIDE: $364,000 – $400,000
Properties like these don’t often come to market!
The R3 Medium Density Residential zoning in addition to the large block size of 1012m2 with dual access to Gordon Avenue and Maitland Lane provide plenty of opportunity for all kinds of property investors. The zoning allows permissible uses including:
- Multi-dwelling housing*
- Seniors housing*
- Serviced apartments*
- Centre-based childcare facilities*
* Subject to Cessnock City Council Approval.
Furthermore, it would be perfect for those looking to enter the property market and take full advantage of the owner-occupier capital gains concession whilst developing the property.
Alternatively, this beautiful weatherboard home boasting traditional features would be perfect to renovate and restore to its original charm.
Inspections by private appointment.