A fantastic opportunity on a traditional quarter acre block with approximate 20.12m frontage, this much treasured home presents the ultimate blank canvas for renovation or redesign or, similar to other blocks in the street, this parcel is also perfect for a lucrative boutique townhouse development, (STCA). In the one family for over 60 years, 3-bedroom property with original kitchen and updated bathroom. Potential to live in or rent out whilst plans and permits are being approved. * Original but tidy 1950's home on north to rear 1012sqm parcel * Approx. dimensions of 20.12m X 50.29m presents a range of options * Level block with easy access for knock down and construction * Quiet cul-de-sac street just 900m from Elder Street's cafes and shops * In catchment zone for popular Lambton Public and Lambton High schools * An easy commute to Newcastle city centre for work, entertainment or the beach * University of Newcastle and the region's hospitals in close proximity Council Rates: $456 p/qtr Water Rates: $265 p/qtr