Zoned R3 Medium Density, this is a huge level 1356 m2 block within minutes walk to Newcastle University, schools, transport and Jesmond shopping centre.
Four bedroom, two bathroom home presently split into two x 2 bedroom flats and leased for $600 per week.
Opportunity to secure a great location and develop subject to council approval.
Also this property adjoins a vacant block of land which is being offered for sale separately for $275,000.
To discuss the options please contact listing agent, Allen Reece on 0409 814 400