Opportunities like this don't come along very often. Located on a sought after 1,036m² block with a northerly aspect, this impressive property offers huge development potential for renovation, a duplex or townhouse development, or simply the addition of a granny flat at the rear (subject to Council approval). First home buyers looking to get into the market, renovators seeking their next project, or developers searching for a good size block for a duplex or townhouse development should not go past this property. This home offers more than meets the eye, needing only an astute renovation to achieve its full potential. A sought after location close to Morpeth Road Reserve, and only minutes to schools, shops, Lambton Park and Pool, and Newcastle University. If you are after a home in a quiet street with countless parks and playgrounds nearby, this may just be the home for you. Likewise this property could prove to be the perfect investment, add a second dwelling, or knock down and start again with one home or several (all subject to council approval). The 2 bedroom home has great potential for new owners to enter the market and renovate this home to their own taste. A neat kitchen and bathroom, large living and dining areas, an abundance of natural light, and sizable rear yard and garage under, provide an efficient layout for this home. The rear yard has to be seen to be believed, it is huge! So much potential. Close to several well-regarded schools Waratah Public School (3 mins) & Callaghan College Waratah Campus (6 mins) and the University Callaghan Campus (6 mins), Waratah Village Shopping Centre (5 mins) and Lambton Village and nearby cafes (4 mins), a short stroll to Morpeth Road Reserve Playground (100m) and North Lambton Dog Park (400m), while being an easy drive from Newcastle's CBD (12 mins). The features of this home are as follows: - 2 Bedrooms with built-in wardrobes - Bathroom with separate toilet - Neat Kitchen - Dining Area - Large Living Area - Laundry - Single Garage - Timber Deck - Generous Under House Storage - Split System Air Conditioning - Huge Yard - Close to Newcastle University, Shops, Schools and Transport - 1,036msq block A copy of the contract for sale and pest and building inspection reports are available for your information..