Sometimes to grasp new opportunities, one has to shed a bit of the old plan - therefore, we're looking at offloading two of our properties.
The first is a 2 x 1/1/1 in Merewether with ocean/city views that cannot be built out, next door to a very private park, on 240m2. Great redeveloment site for a PPOR or two new townhouses. Current rents are $230 & $240/wk to long term tenants. Units are old timber 1960's joints but structurally fine. Looking at wanting offers over $600,000.
Second property is our 10 acre block at Nulkaba. I really love the property and location but we are after more land. House plans for a funky and modern executive 4/2/3 are drawn up and DA ready with BASIX done. Soil testing, bushfire reports and septic design are already done. Builder has been sourced. Property is 5 minutes to Cessnock CBD. 3 minutes to the new St Phillips Christian College Campus. Is right in the middle of wine country. 10-15 minutes to the new bypass highway. 4 dams (2 medium, 2 small). Extensive tree clearing and weed eradication. Would like $450,000 to cover costs.
PM me if you want any more details or copies of anything.
Thanks
The first is a 2 x 1/1/1 in Merewether with ocean/city views that cannot be built out, next door to a very private park, on 240m2. Great redeveloment site for a PPOR or two new townhouses. Current rents are $230 & $240/wk to long term tenants. Units are old timber 1960's joints but structurally fine. Looking at wanting offers over $600,000.
Second property is our 10 acre block at Nulkaba. I really love the property and location but we are after more land. House plans for a funky and modern executive 4/2/3 are drawn up and DA ready with BASIX done. Soil testing, bushfire reports and septic design are already done. Builder has been sourced. Property is 5 minutes to Cessnock CBD. 3 minutes to the new St Phillips Christian College Campus. Is right in the middle of wine country. 10-15 minutes to the new bypass highway. 4 dams (2 medium, 2 small). Extensive tree clearing and weed eradication. Would like $450,000 to cover costs.
PM me if you want any more details or copies of anything.
Thanks
