East Gosford28 Althorp Street

R1 Zoned Development Block & Large Home with Potential

Located directly across from Hylton Moore Park, this large double storey 5 bedroom home is in good original condition and would be ideal for a large family, an investor, renovators and developers. The ground floor features 3 good sized bedrooms - two with built-in robes, the main bathroom, an open plan lounge/dining area and a neat kitchen, which leads out to a huge enclosed entertaining area that overlooks the level fully fenced back yard.
Upstairs you will find a second living room and a further 2 bedrooms both with built-in robes.
Other notable features include 2 x reverse cycle air conditioners, a single lock up garage, a single carport, a second toilet in the laundry, NBN connection and a large workshop/shed and a chook pen at the rear of the property.
Situated on a prime R1 zoned 670sqm level block, ideal for a small development or perhaps a granny flat could be constructed behind the existing property (STCA).
Located approximately 150m level walking distance from the East Gosford boutique shopping strip, schools and public transport, a property such as this is a rare find and highly sought-after.
Council rates are $1750.48 p/a and the potential rental return is around $540 - $560 per week.