18 Cadaga Road, Gateshead, NSW 2290

First time on the market in over 36 years! This tightly held residence is fueled by exceptional levels of capital growth combined with an entry level price tag compared to surrounding suburbs. CONVENIENCE to nearby Charlestown Square (One of Newcastle major shopping precincts) and LOCATION to neighbouring lifestyle attractions such as beautiful Redhead Beach and Lake Macquarie Foreshore adds to its appeal. Ideally positioned in most first home buyer's sweet spot, budget wise, added with the OPPORTUNITY to allow the next lucky owner to place their own individual tastes into the home, should ensure this home makes it to your inspection shortlist!

Upon entry to the home, you are greeted by a generously proportioned combined lounge/dining area which is definitely one of the homes major assets. Functional kitchen and bathroom, all be it definitely serviceable are where most value-add prospects lie moving forward to creating their own home and capitalising further.

Enclosed sunroom located at the rear of the property provides direct access to the enclosed gardens and grounds. The ability to add a rear entertaining deck off this sunroom area would allow for direct flow to an alfresco zone that will be perfect to entertain on when friends and family visit.

The neighbours are friendly with a great sense of community. You will love being able to get stuck into ripping up the carpet to find beautiful timber floors ready to polish up and value add.

Although, ideally suited to first home buyers, the recent growth patterns of the suburb as mentioned would also allow any astute investors to consider.

Additional surrounding facilities include:

* Lake Macquarie Private Hospital

* Lake Macquarie Square which includes Coles, Woolworths & specialty stores

* Local schooling

* Newcastle City Bypass

* New Bennetts Green Retail Precinct

We welcome your inspection.

Zoning: R2 Low Density Residential

Land Area: 569sqm approx

Council: Lake Macquarie

Land Rates: $1890pa approx

Water Rates: $810pa approx

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.