The choice is yours! A rare opportunity to secure vacant land in Cooks Hill to build your dream residence with home office/rental income options STCA or develop the site with current Council DA . Newcastle City Council has granted Development Approval to construct this boutique mixed use 3 storey building in the heart of Cooks Hill. Designed by award winning "Shac Architects" its position only moments from Darby Street's cafe scene and a short stroll to enjoy our vibrant harbour precinct and pristine beaches only adds to the allurement of this site. Existing plans allow entry, lift services, a commercial suite and car parking on ground floor while the apartment component offers 3 luxury residences. Privacy is assured with 1 only apartment per floor serviced by direct lift access delivering 2 large bedrooms, ensuite, open plan kitchen living areas and dual alfresco areas. This offering is sure to be sought after by both local and out of town builder/developers or home owner/investors looking to secure the perfect combination of having a residence with investment Income stream. This site with current DA delivers a multitude of uses and could be adjusted to suit your personal and family requirements. An ideal co joined family asset venture to house elderly or other family members subject to NCCA. Construction Drawing, Geo-technical survey and other supporting documentation have been completed to expedite the construction process.

A fantastic long term property acquisition that would be prized in years to come!

Council Rates - $2792.00 P/A

Water Rates - $1001.85