8 Vale Street, Birmingham Gardens, NSW 2287

8 Vale Street, Birmingham Gardens, NSW 2287 Subdivision ? Development ? High Yield

Investors take note, this 6 bedroom co-living property currently enjoys great return and is in a prime location close to Newcastle University, shops, hotel and public transport. Set forward on this expansive 1157m2 block, and with an expired Notice of Determination (NCCC) for a two lot subdivision with four townhouses on the second lot (all 4 bedroom / 2 bathroom / single garage), capitalize on this initiated opportunity for further development.

In the existing dwelling all shared spaces are on entry level, with its spacious living/lounge room looking out onto the front verandah. The large contemporary dining/kitchen offers a 90cm gas cooktop and plentiful cupboard and bench space to cater for this style of accommodation.

All six bedrooms are queen size and include built-in robes and ceiling fans. Two are situated off the living room and are serviced by a bathroom with shower over the bath, vanity and toilet.

At the rear on the same level are two more bedrooms serviced by a modern bathroom with shower, vanity and toilet.

On the lower level are two more bedrooms each of which feature a private ensuite. One of these bedrooms is accessed by an internal set of stairs. The other is opposite the laundry and can also be accessed by an internal set of stairs or through an external door.

There is vehicle access with a driveway running beside the dwelling and leading to a wide paved area in the backyard.

Currently returning $1,135 per week in the existing dwelling, there is a large expanse of yard creating potential for further development with work already done to meet NCCC requirements in the expired Notice of Determination.

Please contact exclusive listing agent Allen Reece on 0409 814 400 or email [email protected] for further details.