1081sqm Near-level Waterfront Reserve
Yes you read correctly, a whopping 1081sqm near-level block on the shores of Lake Macquarie and one of the last full blocks along Bay Road remaining. Nothing but a waterfront reserve lies between this property and the water. Boat ramp and public jetty are a stone’s throw from the back fence! A wonderful location for the watersports enthusiast.Offering opportunity galore, the property has a 1960s-style 3 bedroom home with high ceilings and ornate cornices, which would be a renovator’s dream. Or you could make the most of the Lake views and sizable land by building a new home to suit your tastes and needs, or perhaps two dwellings due to the large size and double street frontages (STCA).
The house is in good enough condition to rent out straight away for an estimated $350pw to offset your holding costs while you work on your plans.
Within 6 min drive is the vibrant town of Toronto with restaurants, cafes and shops on the shores of the Lake, or 12 min to the popular Warners Bay with fabulous walking and bike paths on the edge of the Lake and café/restaurant strip.
Features:
-1081sqm near-level block with views of Lake Macquarie
-Meters to the Lakes edge
-Ready access to boat ramp and public jetty
-1960s-style 3 bedroom home
-Single garage with storage
-Large carport for multiple vehicles
-Garden shed
-Dual street frontage of approx. 15m each
-Potential for dual dwelling, Granny Flat or extending current house STCA
-6 min to Toronto
-6 min to Fassifern Train Station
-12 min to Warners Bay
-Close to popular St Pauls High School and Charlton Christian College
-35 min to heart of Newcastle or Hunter Valley Wine Country
-90 min to Sydney
