115 Railway Street, Teralba

Sold Price - $500,000

Property Details


1143.00 m2

Pre-Market Properties

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Character Home on Large Block with R3 Zoning


The current day spaces of this delightful weatherboard home reflect its post-war origins with beautiful 10ft ornate ceilings, timber floorboards and tidy yet thoroughly retro kitchen and bathrooms. The house sits to the rear of the generous 1,143sqm parcel of land giving it a sense of privacy from the road, while offering a wealth of future potential. The property also holds a 5 metre x 30metre right of carriage on 113 Railway St, Teralba.

In tidy condition throughout while offering scope to add further value, this property is sure to capture the hearts of families, investors and first homebuyers, while builders and property developers will be interested in its R3 Medium Density Residential zoning to develop into multiple dwellings, subject to council approval.

On the doorstep of beautiful Lake Macquarie, giving you instant access to adventure and leisure, Teralba is a pretty little town with a public school and train station and is currently undergoing rejuvenation with a master planned estate at Billy’s Lookout and several new townhouse developments in the works.

– Single level home on 1,143sqm northwest to rear block with R3 zoning
– Approximate dimensions of 17.4m/18.8m x 59.7m/62m
– Bright lounge room with ornate ceiling and sliding door to front verandah
– Three ultra-spacious bedrooms, one with adjoining sunroom, plus study.
– Spacious eat-in kitchen with electric cooking appliances and dishwasher
– Rear sunroom with handy second bathroom
– Double carport plus abundant extra parking options
– Short drive to everyday conveniences in Toronto, Warners Bay and Glendale
– Approximate return of $430 per week for investors

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.

Team Members representing 115 Railway Street, Teralba

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