Invest in a suburb that’s on the move. Tighes Hill is a gem for family living with an abundance of beautiful parkland, trendy cafes, artist studios, and the popular Throsby Creek bike path just a small selection of what’s on offer. Located only 5 kilometres from the Newcastle CBD, this address represents a marvellous opportunity for renovators and developers (STCA) looking to build outside the city but remain close enough to take advantage of its proximity.

Retaining the character and beautiful period elements of the original home, an undeniable feature of this property is the pressed metal ceiling in the largest of three living areas. Currently configured as three separate tenancies, each with bedroom, bathroom, living area, and kitchen. The front of the residence has a delightful porch and timber entryway, and the backyard is fenced for privacy. Reap the benefits of multiple income streams, take the opportunity to move in and restore to its former glory, or capitalise on a development (STCA).

Everything you’ll need is within easy reach in this neighbourhood, with popular cafes only a short walk away, schools and shopping less than 5 minutes, and the Hunter TAFE Newcastle Campus is an easy walk. With investment in this suburb starting to take-off, this address screams future potential.

– 430sqm corner block
– Current configuration 3 x 1 bedroom council approved flats
– Current combined rental return $770
– 1 car park with additional driveway parking
– Pressed metal ceiling and original period features
– Gas to the block
– Low maintenance backyard and side street fencing
– 1.5km to Hunter TAFE Newcastle Campus
– 2km to Mayfield Woolworths
– 220m to Tighes Hill Public School and 2km to San Clemente High School
– Neighbouring suburbs offer a bounty of popular cafes, restaurants all within a 2km radius.

Outgoings:
Water rates: 1,868.94 approx. per annum
Council rates: 2,430.75 approx. per annum

***Health & Safety Measures are in Place at All Private Inspections
***Pre-registered inspection attendees will have to answer health and safety survey to qualify to have a physical inspection at 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.