Cessnock
1 Francis Street
3 1 1 Land: 809 SQM
SOLD - $315,000
An opportunity of pure potential
A tidy cottage set to the side of a rare 809sqm corner parcel with R3 medium density zoning, this package certainly screams development potential. Located in a quiet pocket of Cessnock West, this opportunity comes with a long-term tenant happy to stay on, giving you a solid income while making plans to subdivide, develop or add a granny flat complete with its own street access.
- Instantly comfortable hardi-plank cottage on a gently sloping landholding
- 809sqm corner block with R3 medium density zoning for development (STCA)
- Great tenant in place, returning $285 pw with an increase scheduled for May 2020
- Neat and tidy eat-in electric kitchen, full bathroom with separate w/c
- Reverse-cycle air-conditioning to the lounge; three double bedrooms; single carport
- Ready-made investment with renovation potential or valuable development project
- Within a 5km radius of public/private schools, Cessnock's CBD and wineries
- Properties exhibiting this much potential are extremely rare so don't delay
- Instantly comfortable hardi-plank cottage on a gently sloping landholding
- 809sqm corner block with R3 medium density zoning for development (STCA)
- Great tenant in place, returning $285 pw with an increase scheduled for May 2020
- Neat and tidy eat-in electric kitchen, full bathroom with separate w/c
- Reverse-cycle air-conditioning to the lounge; three double bedrooms; single carport
- Ready-made investment with renovation potential or valuable development project
- Within a 5km radius of public/private schools, Cessnock's CBD and wineries
- Properties exhibiting this much potential are extremely rare so don't delay