Location, location, location! King Street is ideally located within 350 metres of the beach, 750 metres to the ferry wharf, just across the road from the Stockton Olympic pool or only a short stroll from this quaint seaside resorts' shopping centre.
Currently this older style home is converted into 2 x 1 bedroom flats which return $400p/w, the lot size is 618m2 & offers rear lane access.
Could suit possible development of dual or multiple dwellings subject to council approval with a zoning from Newcastle City Council R2 Low Density Residential.
For those wanting to live on this fantastic site rather then develop then sell or rent properties possibly the idea of building 2 homes & selling one, or having another family member build a separate dwelling simultaneously with them, may appeal?
Make sure you view the video to see just how well this property is located