An exceptional large-scale investment opportunity offering approximately 23 individual houses, each positioned on the property with its own fenced yard, creating a private and community-style living environment.
The original structures were built strong and sturdy, reflecting solid construction standards of their time. While the majority of the homes are currently vacant and have unfortunately experienced vandalism over an extended period, the core structures remain — presenting a true renovator’s dream with significant upside potential.
The property spans approximately 5,500m² and is strategically located about 20km from Newcastle town, surrounded by active mining operations. There is a strong indication of a coal seam running beneath the property (no formal prospecting has been
conducted).
This development presents multiple possibilities:
Renovate and reposition as a residential rental complex
Cater accommodation to nearby businesses and mining operations
Restore and sectionalise the units for individual resale
Explore longer-term strategic land value potential
With vision and redevelopment, this mini town-style property could be transformed into a highly lucrative investment asset.
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