19 Heaton Street Jesmond NSW 2299

Development / Land
1,356 m²
Sold, $1,250,000

PROJECTED RETURNS CIRCA $430,000 p/a

DA Approved with the majority of the CC plans complete, this unique 26 room boarding home is centrally located between the Jesmond Shopping centre and the Newcastle University.
This affordable housing project allows you the ability to cater for the enormous market in this sector. It will cater to the much needed shortage in the university rental market, at a value based price point.

Alternatively, the property land size is approximately 1356sqm and could be suited for various other developments.

Designed by Stephen Coon of Mark Lawler Architects, incredible thought has been applied to the layout to achieve affordability in the construction component to maximise the rate of return.

See video link below for an interactive viewing of the approved building.

https://vimeo.com/user110520147/download/632615161/f12dca3f45

Expressions of Interest closing 4pm 26th November 2021

Contact Alex Madikian for detailed plans and documents via email alex@nextviewproperty.com.au

*Images and video are indicative only

Nextview Property

Suite 1/21 Annie Street

Wickham, NSW 2293

Property Highlights

Date Sold	29 Nov 2021
Sold Price	$1,250,000
Floor Area	982 m²
Land Area	1,356 m²
Parking	5 x Onsite parkings
Property ID	2017330070
Category	Development / Land Other
Last updated	29 Nov 2021

Map for 19 Heaton Street Jesmond NSW 2299

Nearest transport* to 19 Heaton Street Jesmond NSW 2299

Bus

Train

Tram

Ferry

Blue Gum Rd Opp Heaton Park	125 m
Blue Gum Rd Opp Goodwin St	129 m
Blue Gum Rd Before Goodwin St	155 m
Janet St Before Heaton St	163 m

*Within a 4km radius

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The "rollout status" and "service type" can connect to services over the nbn network but may require additional work to be completed first. On rare occasions, some premises cannot be connected.

Nextview Property

Suite 1/21 Annie Street

Wickham, NSW 2293

Property Highlights

Date Sold	29 Nov 2021
Sold Price	$1,250,000
Floor Area	982 m²
Land Area	1,356 m²
Parking	5 x Onsite parkings
Property ID	2017330070
Category	Development / Land Other
Last updated	29 Nov 2021

Listed by

Alex Madikian

Nextview Property

Call

02 4929 1999

More about 19 Heaton Street Jesmond NSW 2299

19 Heaton Street Jesmond NSW 2299 is categorized as Land & Development Property. It has a floor area of 982 m² and a land area of 1,356 m². There are 5 x onsite parkings.The listing ID for this property is 2017330070.