A prominent period property on the corner of Crebert Street, this Victorian beauty has had many previous lives including chapters as a maternity hospital, aged care facility and most recently as supported accommodation. In its current configuration it features 15 bedrooms, 4 bathrooms, lounge and dining spaces, an office, commercial kitchen, plus a kitchenette, laundry area and rear studio. Positively packed with potential, it offers fabulous accommodation for large and multi-generational families, scope to convert into separate flats, medical suites or consulting rooms, or as a general boarding house or supported accommodation once more. For investors the expected rental return would be approximately $2,330 per week. The 746sqm corner block with dual street frontage plus rear lane access further enhances a landmark property that also offers development potential. - Any changes to current use are subject to approval from Newcastle City Council - Available with vacant possession with all furnishings included in the sale - Easy removal of partition walls to reconfigure for family living - Approximate block dimensions of 24.38m X 30.63m/30.56m - Superb potential for multi dwelling development (STCA) - Stroll to Saint Clemente, Hunter Christian school and Mayfield West Public - 700m from Woolworths, Aldi and a choice of specialty stores and cafes - Less than 5km to Newcastle CBD, harbour and Honeysuckle - Approximate return of $2,300 per week as a superb investment - Council rates are approximately $2300 per year - Water rates are approximately $870 per year Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.