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This property can be inspected by contacting Mark Kentwell.
| Cottage | |
| Land area | N/A |
|---|---|
| Bedrooms | 5 |
| Bathrooms | 2 |
| Car spaces | 2 |
This is a once in a lifetime chance to purchase a substantial acreage only 13km to Newcastle CBD.
Located on the block are two dwellings. The main home (of combination brick/weatherboard and tile construction) is in good condition and features two bedrooms with built-in robes and bathroom with bath and separate shower.
The good-sized timber kitchen has dishwasher and is adjacent to the meals / family room (with ceiling fan). There is also splendid formal dining and large formal lounge, with ornate ceilings and chandeliers as well as a fire place mantle and ornate columns between the two rooms. A sliding glass door opens from the lounge out to the front verandah, where you can enjoy the view of the green paddocks and dam below. A slow combustion wood fire is centrally located to best distribute the warmth throughout the home in the cooler months. The formal entry foyer is classy with its high-gloss tiles, light fittings and ceramic wall features.
The grand turning-circle driveway makes manoeuvring vehicles easy, and there is a car port plus a garage, which is currently used as additional accommodation. The main home and garage are adjoined by another carport shelter with gates, providing security and protection from the elements. There is also a self-contained caretaker's cottage nearby.
A good portion of the land is cleared and is perfect for livestock to graze, or for horse riding - and there are, of course, separate stables as well.
This is a fantastic opportunity for anyone wanting a "Tree-Change" while still being close to the city. Such a large parcel of land may also have potential for development options (subject to approvals).
Come and take a look and imagine the possibilities.
*22.5 acres only 13km to Newcastle City
*Main dwelling plus caretaker's cottage
*Plenty of parking and easy car turning
*Garage plus 2 car ports, Horse stables
| Estimated stamp duty (1) | $67,990.00 |
| Estimated legal fees (2) | $1000.00 |
| Estimated bank/loan fees (2) | $800.00 |
| Minimum 10% deposit (3) | $150,000.00 |
| Total upfront payment | $219,790.00 |
| Monthly repayment on balance of $1,350,000.00 @ 7% (4) | $8,981.56 |
All figures are estimates only, please confirm with your conveyancer.
1 You may be eligible for first home owner concessions.
2 Estimates only and will vary between different companies.
3 Some financial institutions may not require a full 10% deposit.
4 Minimum repayment based on standard principle & interest loan over 30 years.
1 Brown Street
Newcastle, NSW 2300
| Agent | Mark Kentwell |
|---|---|
| Phone | (02) 4926 0600 |
| Fax | (02) 4926 4876 |
This property was listed on 29 Mar 2012 and has been viewed 42 times by 40 visitors.
