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Endless Opportunities off the Cuff of Darby Street

*Covid compliant open home. Please contact the below agent to book your COVID Compliant inspection.

Explore a world of exciting possibilities with this multi-faceted property positioned in a quiet cul-de-sac on the cuff of Darby Street. This tightly held property comprises a four-bedroom residence with separate one-bedroom flat, and a studio apartment above the double garage. Fully let, including the garage, this exciting real estate prospect provides the astute investor with immediate and ongoing returns.

The R3 Medium Density zoning and 442.6sqm landholding will pique your interest. Live in the house and run your business from the studio. Add value with a contemporary renovation. Hit the reset button with a brand-new home or use the approximate 12.9m frontage and deep block to double your investment with the construction of a duplex, all subject to council approval of course.

From here, it’s an easy stroll or bike ride to Bar Beach for a swim or surf. There’s an amazing choice of cafes, restaurants, corner pubs and speciality stores all easily accessible on foot in Darby Street and The Junction, along with Harris Farm, Cooks Hill Medical suites, and Genesis Fitness club. And Newcastle city centre and the harbour with all its attractions are also close by.

Balancing lifestyle and location with a world of exciting options for investors, homebuyers, and business owners alike, this is an opportunity not to be missed.

– 442.6sqm block with approximate dimensions of 12.90 X 36.65/37.90
– 450m from Harris Farm Markets and Cooks Hill Medical suites
– 800m to beautiful Bar Beach, 600m to The Junction


Outgoings:
Council Rates: $798 approx. per quarter
Water Rates: $274.62 approx. per quarter

This property is being sold under the Online 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.

Live streaming auction. 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.

**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

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