overview

  • House
  • Auction
  • Sat 30th of Jan
    10:00 AM - 10:30 AM
  • 619 sqm
  • Sat 6th of Feb
    09:00 AM
  • On Site
  • 6
  • 3
  • 2
  • $4,760.00 Per Year
  • $895.00 Per Year

Description

Absolute Lake Frontage - Block of Two Apartments with Exciting Scope to Add Value
An opportunity so rare it is unlikely to be matched, these two strata-titled apartments on one lot sit absolute waterfront on the shores of beautiful Lake Macquarie. Spectacular views stretching across to Coal Point and the most magical of sunsets at the end of each day take centre stage from both residences. In mostly original condition throughout, the possibilities are endless. A jetty adds to the allure in a simply superb location with an abundance of water activities to enjoy as well as shops, cafes and sporting clubs including Belmont 16-footers and Belmont Golf club close by. Whether you choose to move in or rent out as is, renovate and re-sell individually or reconfigure each level to create two townhomes, the waterfront location, dazzling views and exciting future potential make this truly a once in a lifetime opportunity.

- Dual level block of two apartments on battle-axe landholding of 619sqm
- Ground floor apartment features up to four bedrooms, two bathrooms, open plan living and alfresco entertaining with direct lake access – happy tenant would love to stay
- Upper level 3-bedroom, 1-bathroom apartment is currently vacant and is in original condition throughout
- Freestanding double garage shared between apartments
- Jetty is in need of substantial repairs
- Any rebuild work is subject to approval from Lake Macquarie Council
- Council rates are approximately $4760 per year
- Water rates are approx $895 per year
- Jetty usage fees are approximately $780 per year

Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Built-ins
  • Carpeted
  • Area Views
  • Car Parking - Surface

floorplan

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