6 Corona Street Mayfield, 2304 NSW
Money Maker Site
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
Sold $500,000
Inspect
Inspection of this property is available strictly by arrangement only.
Contact
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Suzanne Hill