An outstanding opportunity awaits buyers looking to create value, this property boasts a Federation-era brick cavity home at the front of the block, and a sizable landholding at the rear – giving you the fabulous option of renovating the home for profit and building a second dwelling at the rear to sell off and double your reward. Positioned on a fenced block within a much-loved city fringe community, where shopping precincts, schools, transport and the Mater Hospital are all on your doorstep, this versatile property is located 15 minutes from the heart of Newcastle CBD where you'll find excellent dining choices, a huge café culture, pristine beaches and a vibrant art scene. You'll love the lifestyle convenience of this address, not to mention the enjoyment of having full control over the building and renovation process. - Original home with subdivided land at the rear – renovated the home and build a second dwelling to sell - The home's footprint includes three double bedrooms, a central lounge, kitchen with dishwasher, and a full bathroom - Close to essential facilities including a major hospital, schools, services and transport - Shop locally at Waratah Village or Mayfield's ever-evolving CBD, both under 2km away - Rare opportunity – cleared blocks in established towns are increasingly hard to find