Mayfield 6 Corona Street

Quietly located cottage in original condition and needing major renovation (or knock down). A long, large block and perfectly suited to construction of a new home. For energetic renovators and first home buyers on a limited budget, you could consider major renovations on the existing dwelling. There is good drive access to the rear yard which would provide potential for future construction of granny flat (subject to Council). Multiple options can be considered and with the new brand new Coles Shopping Centre development expected completion Late 2020, future growth of this area is guaranteed. A fabulous opportunity for renovators looking for either an affordable cottage to renovate or a potential new home site. Zoning also allows for medium density development (subject to Council). Convenient to bus transport, schools and shops.

Zoning: R3 Medium Density Residential
Land Area: 574m2 approx
Council: Newcastle City Council
Land Rates: $1836 pa approx
Water Rates: $871 pa approx
Current Rent: $310pw

Property Information

• Land area approx 574sqm

Property Features

• Uncovered Carspaces 4