Fennell Bay

841sqm Block With 21m Frontage

Located on the North-West Lake Macquarie corridor which is seeing a spread of new development and infrastructure, this 841sqm block with 21m frontage offers exciting opportunities for future investment. There is plenty of space for a granny flat to generate a 2nd income stream or other dual occupancy potential (subject to Lake Macquarie Council approval). The current home has been well cared for and would also be a great option to accommodate storage for a boat/caravan or build a large shed/workshop. Only 11 minutes to Stockland Glendale Shopping Centre, 12 minutes to Warners Bay and 4 minutes to Fassifern Train Station.

SPECIFICATIONS
Folio: Lot 3 DP 394250
Council: Lake Macquarie City Council
Zoning: R2 Low Density Residential
Land: 841sqm
Frontage: 21m
Depth Left: 43m
Internal Size: 68sqm
Council Rates: $1663.60/Year
Water Rates: $660.84/Year
Rental Potential: $350 - $370 per week