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3 Arnott Street, Edgeworth, NSW 2285, 3 Bedrooms, 1 Bathrooms, House

$900,000 - $990,000

3 Arnott Street, Edgeworth, NSW 2285

3
1
2
916m2
HouseListed on Tue Feb 11

Edgeworth 3 Bedroom BUSINESS POTENTIAL OPPORTUNITY

Positioned opposite Edgeworth Town Square with E1 zoning, this versatile property offers you endless potential for both immediate income and long-term development opportunities. Whether you're looking to create a community hub, offices, medical facilities, retail space, or a boutique shopping destination, this central commercial site is ready to accommodate your future plans (subject to DA approval). While you wait for approvals, the existing home provides a fantastic opportunity to generate income or comfortably live in a home with plenty of character and space.

The house features three generous bedrooms, with a layout that combines functionality and charm. The main living area is warm and inviting, flowing seamlessly into the kitchen, where home-cooked meals and family gatherings come to life. Beyond the kitchen, a second living and dining area offers even more room to spread out and enjoy daily living.

One of the highlights of this property is its two enclosed sunrooms, adding versatility to the home. The front sunroom is expansive, making it the perfect spot to relax, soak up the sunshine, or convert into a light-filled home office or additional living space. At the rear, the smaller sunroom offers a more private retreat, ideal for morning coffees or an extra playroom.

The double garage not only provides secure parking for two vehicles but also includes a workshop and additional storage space-perfect for hobbyists or those needing extra room for tools and equipment. The potential for redevelopment on this central site is immense, with the added bonus of income possibilities while planning your future vision.

Land Size approx. 916m2 with 20m Frontage & 45.1m Depth

Land Rates Approx. $498.95 Per Quarter

Water Rates Approx. $220 Per Quarter

Potential Rental Return Approx. $630 Per Week

Don't miss this rare opportunity to secure a property in such a strategic location with so much potential. Whether you're an investor, developer, or someone looking to create a new community space, this property is your blank canvas waiting to be transformed.

For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555

First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice and achieve excellent results, call us on 4950 8555 to discuss your home.

Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.

Location

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Estimate

Council Data

Last update : 2024 11 30
Land value$587,000Increased by 24% from year 2022
Land911m²
Planning ZoneLocal Centre
Key SitesNo
Future Residential Growth AreaNo
Active Street FrontagesNo
Urban Release AreaNo
Obstacle LimitationNo
Height of Building12 m
Flood ZoneNo
Sulfate SoilsClass 5
BushfireNo
Landslide RiskNo
HeritageNo
State Significant Dev SitesNo

School zones

Name
Distance
Type
Year
Attribute
Gender
Score
Edgeworth Public School
0.22 km
Primary
P-6
Government
icsea: 950
Glendale Technology High School
2.01 km
Secondary
7-12
Government
icsea: 935

Property history

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Edgeworth surrounding data

Sold nearby

Address
Distance
Bed
Bath
Floor area
Sold date
Sold
Data source
7 RENFREW CRES, Edgeworth
0.52 km
3
1
-m2
Year 2024 Month 10 Day 30
$660,000
Council approved
29 OAKVILLE RD, Edgeworth
0.45 km
3
1
-m2
Year 2024 Month 10 Day 24
$740,000
Council approved
UNIT 2 24 OAKVILLE RD, Edgeworth
0.44 km
3
1
-m2
Year 2024 Month 10 Day 23
-
Council approved
37 Minmi Road, Edgeworth
0.50 km
2
1
-m2
Year 2024 Month 10 Day 09
$700,000
Council approved
2 GROVE PL, Cameron Park
0.46 km
3
1
-m2
Year 2024 Month 10 Day 01
$760,000
Council approved

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Ref:236356d3-660a-47de-91b6-d22046f66012Last update:2025-02-19 11:26:11