5 David Street

Deadline for Offers! - Closing 27th August @5pm (if not sold prior) Positioned on an impressive 809m² corner allotment just 3 minutes from the heart of the Cessnock CBD (1.5km) is this four-bedroom residence that presents an outstanding opportunity for homeowners, investors and developers alike. Zoned R3 Medium Density Residential, the property offers exceptional value-add potential, including the opportunity to construct an additional home to the rear with its own street frontage to Halcyon Street and potentially subdivide (STCA). Undeveloped corner blocks of this size and zoning are rare and becoming increasingly scarce, making this an opportunity not to be missed. Inside, the home offers four generously sized bedrooms, a central bathroom and two separate living areas, providing a functional layout for families. The spacious master bedroom features a walk-in wardrobe and offers the potential to add in an ensuite, providing value-add potential to convert it to a comfortable four-bedroom, two-bathroom, two living area residence. To the rear, an elevated entertaining deck captures mountains views and also overlooks the expansive backyard, highlighting the scale of the 809m² parcel. Currently improved with a single garage, the generous land size provides ample space to realise the property's future development potential while continuing to enjoy the existing home. The land is NOT flood or bushfire prone land (please refer to the council's planning certificate in the contract of sale). For any questions or to arrange an inspection, feel free to call Oscar Sullivan anytime on 0477 011 161. Disclaimer: The relevant planning controls are contained within Clause 4.1C of the Cessnock Local Environmental Plan 2011 and the LEP as a whole. Any information provided herin regarding the property's development potential is of a general nature only and should not be relied upon as planning, legal or professional advice. Prospective purchasers should undertake and rely on their own due diligence only and make their own enquiries with Cessnock City Council and any other relevant authorities to satisfy themselves as to the property's potential, permissible uses and applicable planning controls prior to acquisition. Jurds Real Estate, its employees and representatives accept no liability for any loss, damage, cost or expense arising from reliance on the information provided.