Exciting Opportunity Above the Banks Of the Throsby Waterfront
A unique offering for the eager waterside buyer, this cosy 1-bedroom property sits above the banks of the Throsby waterfront on a 252.9sqm block with three street frontages. In a prized inner-city location famed for its neighbourly community, it represents an exciting opportunity for seasoned renovators and builders, with scope to add value though a cosmetic update or knock down and rebuild to your own personal design (subject to council approval).
Featuring an open plan layout with electric equipped kitchen and a neat and tidy bathroom, a true hero of this property is the huge deck overlooking the water where you can relax or entertain while you soak up the surrounding ambience. Comfortable as is, the home is ideal to live in or rent out while contemplating your next move and is currently returning $300 per week.
Proximity to the waterfront paths that surround the harbour is a true advantage of this central setting. Tighes Hill Public school is just across the road, Islington Park at the end of the street while the lifestyle hub of Beaumont Street is a few minutes drive away.
– Timber cottage on 266sqm parcel that slopes down towards the water
– Approximate dimensions of 12.62/15.24 X 24.33/18.29m
– Garage and workshop accessed via Throsby Street
– Tidy bathroom with shower over bath
– Bedroom with balcony and huge waterside deck
– An easy 5-minute commute to the city
Council Rates: $1,855.05 approx. per annum
Water Rates: $838.32 approx. per annum
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.