217 Sandgate Road, Birmingham Gardens NSW 2287

RECENT SALES

2 beds

1 baths

1 parking

Development Potential

During this current global health crisis we are no longer showing properties by way of open home. Instead, we are showing properties through private inspections to ensure the health and safety of buyers, our clients who are selling their homes and our staff here at Century 21. Please contact one of the listing agents to book an inspection. If you do not feel comfortable viewing the property we are offering inspections via Facetime or video call. Thank you for understanding as we adapt to help our clients sell, buy, and keep the local market in Newcastle moving.

Please use this link to book a private inspection directly: calendly.com/nickstewart/propertyinspection

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 Details

• Type: House
• Bedrooms: 2
• Bathrooms: 1
• Other Parking: 1