North Lambton

19 Fifth Street

Large Block with DA Approval to Subdivide and Build







Auction 4th February 2017 at 9:45am

sold for $730,000

Floor plan

Presenting an exciting real estate opportunity in a popular location, this original single level residence sits to the front of an approximate 1,012sqm parcel of land providing opportunity to renovate, recreate or develop with current DA approval for a two-lot subdivision and the erection of two freestanding 3 bedroom homes at the rear. Explore several possibilities and capitalise on the potential of this residence in a great setting with alternate options to further enhance the existing property, create three separate homes or possibly build your dream home and additional residences for investment (subject to council approval). The quiet street setting is 10 minutes drive to the University of Newcastle and John Hunter Hospital and offers easy access to Newcastle CBD, Hunter Expressway and M1 Pacific Motorway.

Three bedroom, one bathroom home in original condition currently returns $340pw and features living area, family room at rear, gas-equipped kitchen and bathroom with separate w/c
Current NCC DA approval for a two-lot subdivision with existing home on north facing 430.41sqm and rear dual occupancy on a combined 581.28sqm (290.64sqm each) accessed via Wall Lane
Toner designed residences will feature three bedrooms, two bathrooms, open plan living, alfresco entertaining and a single garage
Exciting opportunity for large families, builders, property developers and investors

We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.

Saturday, 4 February - 9:45am

Sales Agent

Damon Sellis

Damon Sellis