34 Stockton Street
Morisset, NSW 2264

Overview

Calling all First Home Buyers, Builders, Savvy Investors and Developers.

Positioned in a central and convenient location just 400 meters from the rapidly expanding Morisset town centre, this property offers an exceptional opportunity for first home buyers, renovators, savvy investors, developers, or those seeking to build their dream home, duplex, or multi-unit development on a substantial 714 square meter block (subject to Lake Macquarie City Council Approval).

The existing home is well maintained and features high raked ceilings throughout the open lounge and dining area, creating a bright and inviting space for everyday living.

It includes three bedrooms, with built-in wardrobes in the main bedroom and one additional bedroom, complemented by ceiling fans throughout the living areas and all bedrooms.

The layout comprises a functional kitchen, a central bathroom, and a compact laundry cupboard equipped with a washer and dryer. The property is currently generating a rental income of $2,000 per month.

The generous 714 square meter block presents significant potential for future development, supported by versatile R3 zoning. This zoning allows for a variety of uses including boarding houses, child care centres, community facilities, group homes, multi-dwelling housing, and seniors housing (subject to council approval).

Conveniently located close to local shops, schools, transport, and the lake, this property offers an excellent lifestyle opportunity in a high-demand growth area. It is approximately 500 meters from Coles and Woolworths supermarkets, local schools, and Morisset railway station.

Nearby attractions include Watagan National Park, Lake Macquarie, Trinity Point, and Awaba Mountain Bike Park. The property is within walking distance to St John Vianney Primary School and close to Morisset Public School, Morisset High School, Avondale School, Heritage College, and Avondale University.

It is perfectly positioned about one hour from both Sydney and Newcastle, accessible via the major transport networks of the M1 Motorway, railway, and a future proposed high-speed railway station.

Disclaimer: The information provided is for the guidance of potential purchasers and has been prepared in good faith. Some details have been supplied by third parties and no responsibility is accepted for any errors or omissions. Prospective buyers should conduct their own enquiries and seek independent legal advice where necessary. The vendor relies on the contract of sale at all times.

Location