This pretty weatherboard home on a deep 531m2 block offers enormous potential. Enhance the existing floor plan with a smart renovation, add a granny flat, or take advantage of the easy access block for a rebuild (STCA). With the current tenants motivated to stay, an investment strategy also awaits. A large family kitchen sits at the heart of the home providing a look-through to the spacious air-conditioned lounge room and easy service to an adjacent dining room. With three generous bedrooms all with built-ins and ceiling fans, serviced by the family sized bathroom, there is plenty of room to move. The home is competed by a covered timber deck looking out to a low maintenance backyard, ideal for alfresco dining or entertaining family and friends. The convenience of Adamstown is difficult to match, with Westfield Kotara only a short drive away and easy access the picturesque Fernleigh Track along with a host of local cafes and restaurants. Close to several quality schools and having the stunning Merewether Beach less than five kilometres away, this neighbourhood has much to offer. Imagine the lifestyle you'd have or the investment you could be making in this extremely convenient suburb. • Deep 531m2 block with potential to renovate or rebuild (STCA) • Currently leased at $510 per week with tenants motivated to stay • Three generous sized bedrooms all with built-in wardrobes and ceiling fans • Main bathroom with separate bath and enclosed wc, good sized space for laundry within main bathroom • Large kitchen with gas cooking and look-through to main lounge room • Air-conditioned lounge room includes ceiling fan • Timber deck overlooking low maintenance and fully fenced backyard • Double tandem garage to the rear of the property with easy side access • 1.4km to Fernleigh Track, 2.2km to Westfield Kotara, 4.5km to Merewether Beach • Schools nearby include Adamstown Public, St Columba's Primary and Merewether High Outgoings Council Rates: $2,148 approx. per annum Water Rates: $807.96 approx. per annum This property is being sold under the Online Friendly Auction System. An independent building and pest report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details. Flexible deposit and settlement conditions are also available by negotiation with the agent if required. Offers can also be made prior to auction and each offer will be assessed on its merits. Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website. **Health & Safety Measures are in Place for Open Homes & All Private Inspections **All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property 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. Some of our properties are marketed from time to time without price guide at the vendors request. This website may have filtered the property into a price bracket for website functionality purposes. 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.