Phone enquiries - please quote property ID 30404. This property is a remarkable find and situated in a rare space with a land size of 1100 square metres (double the average) and has a unique zoning of R3 to 13mtrs. It is ideally suitable for the development of approximately 10 to 14 units with the possibility of all levels taking advantage of the 360-degree views of both Newcastle and Lake Macquarie. The site is located within a very easy five-minute level walk from the Charlestown CBD and is central to both Newcastle and Lake Macquarie. It is under 5 km to the John Hunter Hospital and central to many schools, retail outlets, parks, beaches, the lake and entertainment venues. Most outlooks are over green spaces with minimal signs of development which would normally be expected in this area. The residence on the property is in good condition and currently returning $820.00 per week. The property would suit the most discernible buyer looking for a beautiful home on a large lot or as an extremely profitable property development. DISCLAIMER While proudly assisting home owners to sell since 1999, No Agent Property takes every care to verify the accuracy of the details in this advertisement, but the correctness cannot be guaranteed.