Invest & Earn Now, Develop & Earn MORE Later

Whether you are looking to build or for a dual income investment, this could be the house for you.

Situated on 2,000 square meters sits a large 3-bedroom, 2-bathroom duplex, with separate 2-bedroom, 1-bathroom fully approved granny flat, nestled in a convenient location this will always be popular to rent.

Close to shops, schooling, Nelson Bay, Newcastle airport and easy access to the Pacific Highway.

The hard work has been done, this property provides a fantastic opportunity to invest and build with a DA and plans in place for 4 additional town houses, zoned residential, with water, electricity and Telstra services on property. All this whilst earning a dual income from the current duplex on site.

With the current rental market, you could be making $550 weekly from the current house and an additional $400 from the approved granny flat.

Explore the area

School catchments

Wirreanda Public School Primary K-6 Government 1.4km
Medowie Public School Primary K-6 Government 1.6km
Medowie Christian School Combined K-12 Independent 2.0km
Catherine McAuley Catholic College Secondary 7-12 Catholic 3.5km
Medowie Catholic Primary School Primary Catholic 3.5km
Salt Ash Public School Primary K-6 Government 6.9km
Grahamstown Public School Primary K-6 Government 9.3km
Irrawang High School Secondary 7-12 Government 10.2km
Irrawang Public School Primary P-6 Government 11.0km
St Brigid's Primary School Primary K-6 Catholic 12.1km
Karuah Public School Primary K-6 Government 12.5km
Tanilba Bay Public School Primary K-6 Government 12.7km
Raymond Terrace Public School Primary K-6 Government 12.8km
Bobs Farm Public School Primary K-6 Government 13.7km
Hunter River High School Secondary 7-12 Government 14.0km
Seaham Public School Primary K-6 Government 15.3km
Millers Forest Public School Primary K-6 Government 15.7km
Mount Kanwary Public School Primary K-6 Government 16.0km
Francis Greenway High School Secondary 7-12 Government 20.9km
Hunter Christian School Combined K-12 Independent 21.5km
San Clemente Catholic College Secondary 7-10 Catholic 21.7km
St Bede's Catholic College Secondary 7-12 Catholic 22.2km
St Philip's Christian College - Port Stephens Combined K-12 Independent 22.5km
Tomaree High School Secondary 7-12 Government 22.7km
Awabakal Environmental Education Centre Combined Government 22.8km
Callaghan College Waratah Campus Secondary 7-10 Government 23.3km
Newcastle Grammar Bolton Street Campus Secondary Independent 23.4km
Newcastle Grammar School Combined K-12 Independent 23.5km
St Philip's Christian College - Waratah Combined K-12 Independent 23.5km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.