Birmingham Gardens 217 Sandgate Road
Development Potential
-
Sold
$555,0002 1 1 -
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217 Sandgate Road, 1008m2 (Approx.) in size with an opportune 15m frontage (Approx.), is poised for development. The property is zoned R2 – Low Density Residential and has the added advantage of having a natural slope back towards the road. Currently rented for $550 per week between the two residences, this property allows for strong cash flow whilst awaiting DA approval. The site itself is suitable for multi-dwelling development (STCA).
With a close proximity to the University of Newcastle and the shopping centres at Jesmond and Wallsend, any future dwelling should not have any trouble finding tenants or buyers.
The existing home on the block consists of:
· Two bedrooms, main with sunroom
· Lounge with air conditioning unit
· Combined dining and kitchen with electric cooktop
· Bathroom with shower, toilet and vanity
· Undercover entertaining area at rear
Undoubtedly, this property has tremendous development opportunity with the added bonus of an instant and strong rental return.
Property Information
- Land area approx 1008sqm
Property Features
- Uncovered Carspaces 1
Local Information Birmingham Gardens
Education
Government Schools
- Heaton Public School
- Shortland Public School
- Callaghan College Jesmond Senior Campus
- Jesmond Public School
- Callaghan College Wallsend Campus
- Plattsburg Public School
- Waratah West Public School
- Lambton Public School
Private Schools
- Our Lady of Victories Primary School
- Margaret Jurd College
- St John's Primary School
- St Patrick's Primary School
- Corpus Christi Primary School
- St Philip's Christian College - Waratah
- St Philip's Christian College DALE Young Parents
- St Philip's Christian College DALE
Local Amenities
Parks
- Jesmond Park
- McClure Reserve
- Macclure Reserve
- Heaton Park
Services
- Jesmond Post Office
- Lambton Post Office
- Wallsend Post Office
- Waratah Post Office