This property is offered for the first time in over 70 years! Having been cherished by the one family since the 1950's, it is now time for the next chapter. The existing house could be rented out initially with the prospect of development in the future. The property is zoned `R3 Medium Density Residential', so it has superb potential as a residential development site or multiple community uses. The home boasts 2 king size bedrooms, separate lounge and dining rooms, sunroom, neat kitchen, tiled bathroom, and laundry and separate toilet at the rear of the property. A freestanding single garage and multiple storage sheds are set amongst the large near level rear yard. The home also boasts air conditioning, high ceilings, timber floor boards under the homes existing floor coverings, and ceiling fans. The home provides an amazing opportunity to purchase a property on a generous 652msq block close to Waratah Golf Club, Stockland Glendale, Argenton Hotel, Bunnings and Costco, shops, schools, public transport, and sporting fields. Close to several well-regarded schools including Argenton Public School (8 min walk) and Glendale Technology High School (5 mins). Multiple shopping choices include Stockland Glendale (3 mins), and Charlestown Square and Westfield Kotara (20 mins). Points of interest include the John Hunter Hospital (15 mins), Hunter Sports Centre (3 mins), Waratah Golf Club (directly across the road), Argenton Hotel (3 min walk), while being an easy drive to the Pacific Motorway, Hunter Expressway, Lake Macquarie and into Newcastle CBD. The features of this property are as follows: - 2 King Size Bedrooms - Tiled Bathroom - Large Kitchen - Formal Dining Room - Lounge Room - Laundry - Separate Toilet - Sunroom - Freestanding Single Garage - Timber Floorboards - Combustion Stove - Split System Air Conditioning - Ceiling Fans - Multiple Garden Sheds - 652msq block Potential Rent - $450 per week (with minimal updating, i.e. carpet, paint, etc). A copy of the contract for sale is available upon request for your information.