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217 Sandgate Road, Birmingham Gardens, NSW, 2287

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217 Sandgate Road, Birmingham Gardens, NSW, 2287

Birmingham Gardens

217 Sandgate Road, Birmingham Gardens, NSW, 2287
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217 Sandgate Road, Birmingham Gardens, NSW, 2287

Birmingham Gardens

SOLD
217 Sandgate Road, Birmingham Gardens, NSW, 2287

217 Sandgate Road, Birmingham Gardens, NSW, 2287

Properties / Sold / New South Wales / Birmingham Gardens
Development Potential
Property Type
Residential
Land Area
1,024 m² (*approx)
Zoning
IN1
Local Government
Brisbane
Selling Method
For Sale: Price Guide $540,000 - $580,000
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1024M2 DEVELOPMENT OPPORTUNITY

1024m2 in size with a home already at the front of the block, this property is poised for future development. The property is zoned R2 – Low Density Residential and has the added advantage of having a natural slope back towards the road. Currently rented for $320 per week this property allows for a steady cash flow whilst awaiting DA approval. The site itself may be suitable for multi-dwelling development or sub division of the front home leaving land at the rear for building a second home, duplex or triplex (STCA).

With a close proximity to the University of Newcastle and the shopping centres at Jesmond and Wallsend, any future dwelling should not have any trouble finding tenants or buyers. The suburb of Birmingham Gardens is an ideal location for University Students but is also popular with first home buyers.

The existing home on the block consists of:

- Two bedrooms, main with sunroom.
- Lounge with air conditioning unit.
- Combined dining and kitchen with electric cooktop.
- Bathroom with shower, toilet and vanity.
- Undercover entertaining area at rear.
- Currently leased for $320 per week until 10/02/2021.
- Council Rates: Approx. $1,700 p/a.
- Water Rates: Approx. $780 + usage p/a.

Undoubtedly, this property has tremendous development opportunity with the added bonus of an instant and steady rental return

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

217 Sandgate Road Development Site Summary

Property Type
Residential
Land Area
1,024 m² (*approx)
Zoning
IN1
Local Government
Brisbane
Selling method
For Sale: Price Guide $540,000 - $580,000

Development Site Highlights

1024M2 DEVELOPMENT OPPORTUNITY

1024m2 in size with a home already at the front of the block, this property is poised for future development. The property is zoned R2 – Low Density Residential and has the added advantage of having a natural slope back towards the road. Currently rented for $320 per week this property allows for a steady cash flow whilst awaiting DA approval. The site itself may be suitable for multi-dwelling development or sub division of the front home leaving land at the rear for building a second home, duplex or triplex (STCA).

With a close proximity to the University of Newcastle and the shopping centres at Jesmond and Wallsend, any future dwelling should not have any trouble finding tenants or buyers. The suburb of Birmingham Gardens is an ideal location for University Students but is also popular with first home buyers.

The existing home on the block consists of:

- Two bedrooms, main with sunroom.
- Lounge with air conditioning unit.
- Combined dining and kitchen with electric cooktop.
- Bathroom with shower, toilet and vanity.
- Undercover entertaining area at rear.
- Currently leased for $320 per week until 10/02/2021.
- Council Rates: Approx. $1,700 p/a.
- Water Rates: Approx. $780 + usage p/a.

Undoubtedly, this property has tremendous development opportunity with the added bonus of an instant and steady rental return

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential
Nick Stewart
Nick Stewart
+61 *** *** *** show +61 408 945 593
James English
James English
+61 *** *** *** show +61 447 659 529
Nick Stewart
Nick Stewart
+61 *** *** *** show +61 408 945 593
James English
James English
+61 *** *** *** show +61 447 659 529

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217 Sandgate Road, Birmingham Gardens, NSW, 2287

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Property Location of 217 Sandgate Road, Birmingham Gardens, NSW, 2287

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217 Sandgate Road, Birmingham Gardens, NSW, 2287 Birmingham Gardens
Century 21 Novocastrian - Newcastle
Century 21 Novocastrian - Newcastle
328 King St, NEWCASTLE, NSW, 2300
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Nick Stewart
Nick Stewart
+61 *** *** *** show +61 408 945 593
James English
James English
+61 *** *** *** show +61 447 659 529