Whether you're looking to renovate or redevelop then look no further than 2 Stannett Street Waratah West. A property with endless opportunities and significant potential. This original, four-bedroom home is set on a flat 676.6sqm (approx.) corner block in the growth suburb of Waratah West. Enter the home into the formal living room that follows through to the formal dining and onto the kitchen that includes gas cooking. A short hallway leads through to the four bedrooms, laundry and family bathroom and a separate toilet. The sunroom off the rear of the home has direct access to the fully enclosed grassed yard with a single garage and garden shed. The property is zoned R2 low density residential with a combined frontage of 46m (approx.), leaving a substantial amount of space to work with. With this central location there is a great opportunity to build the perfect investment property for student accommodation to maximise your return and potentially have multiple rental incomes. Only a short walk to the Newcastle University and Calvary Mater Hospital and just a short drive to Waratah shopping village, Newcastle's prestige beaches, Newcastle CBD, Link road, Hunter Expressway and many desirable schools, eateries and leisure complexes. Property Features: - Original four-bedroom, one bathroom home with a single detached garage. - 676.6sqm corner block. - Combined frontage of 42m (approx.) (26m on Stannett Street x 16m on Allowah Street). - R2 Low Density Residential. - Development/extension opportunity (STCA). - Walking distance to Newcastle University & Calvary Mater Hospital. - Short drive to Newcastle's prestige beaches, Waratah shopping village, Newcastle CBD, Link road and Hunter expressway. This property is set to go to Auction on Saturday 3rd of September at 12pm! Please call Brad Wallace, 0422 844 893, or Tahnee Burke, 0432 333 753, to discuss the price guide and requirements for registering for the Auction!