Bar Beach 1-4/20 Tooke Street

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$2,900,000

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Endless Possibilities - "The Block"

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The ultimate investment for builders, investors or home renovators. The potential is huge for this unique property to be retained as 4 spacious Strata Title home units and restore as is, redeveloped into 2 or 3 quality up market apartments or the conversion into a stunning prestige family residence.

The two storey cavity brick and tile property features 3 X 2 bedroom and 1 X 3 bedroom home units each comprising spacious living areas, bathrooms and kitchens. Situated on approximately 551m² block in a prime inner city location on the fringe of Darby Street shopping and restaurant precinct, short walk to Bar Beach and in close proximity to Newcastle CBD and Hunter River Foreshore.

Zoning: R3 Medium Density Residential
Land Area: 551m² approximately
Council: Newcastle City Council
Land Rates: $7,472 per annum approximately
Water Rates: $2,556 per annum approximately

Our COVID Safety plan for open house and private inspections requires attendees to provide their name and a contact number. We may at times call your contact number to confirm you have provided your correct number.

We require you to:

Wait until instructed to enter (no more than 1 person per 2sqm)
Use hand sanitiser;
Exit via back door (if possible);
Maintain 1.5m social distance;
Remain in family groups at all times.

Please:

Do not attend if you are unwell;
Do not attend if you have been told to self-isolate;

IMPORTANT INFORMATION ABOUT AUCTION DAY. Auction day attendance will be limited to no more than 1 person per 2sqm on site. Live ONLINE bidding is available by registering at auctionnow.com.au/properties/71505#/ . Pre-registration is essential if you intend to bid online. If you intend to bid and attend on-site we would ask that you please make arrangements to pre-register with us.

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