16 Marsden Street SHORTLAND, NSW 2307

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312
Property Details

16 Marsden Street SHORTLAND, NSW 2307

Sold
Description

Development Opportunity

This large block with wide frontage is located on the fringe of Newcastle and close to the Hunter Expressway.

The current structure features 3 bedrooms, a bathroom and internal laundry, all situated towards the rear of the home.

The property is currently receiving rental income with an existing tenancy returning $320 per week on a lease that expires 02/08/2018.

The current vendor has received approval for the development of 5 townhouses and the plans for these are available upon request.

Primed for investment, this Shortland opportunity is not to be missed.

* 949 square metre block with wide frontage
* Approved council plans for 5 townhouses available at request (for sale is the land and existing structures only)
* Existing 3 bedroom house currently returning $320 per week (lease expiry 02/08/2018)
* Short 2 min walk to Shortland Public School
* Close to Hunter Expressway
* 25 min drive to Newcastle CBD

Property Features
  • House
  • 3 bed
  • 1 bath
  • 3 rooms
  • 2 Parking Spaces
  • Land is 949
  • Garage
  • Carport
Agent Details