13-15 Franklin Street, Karuah NSW 2324

Type: House
Land Area: 1,839 m&sup2; (approx)

Photo - 13-15 Franklin Street, Karuah NSW 2324 - Image 3

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13-15 Franklin Street, Karuah NSW 2324

$820,000 Neg

DA Approved Development / Sub Division

Currently presenting as 2 x residential lots in the heart of Karuah - a beautiful north coast town on the Port Stephens waterway where the Karuah River meets the greater harbour of Port Stephens. This is a rare offering given the location right in the centre of the town less than 200m level stroll & less than a 250m to the boatramp to launch your boat, jetski, or drop a line and catch dinner.

For sale are 2 x 920sqm (approx) residential lots side by side. There is an approved DA for 4 x 4 bedroom, 2 bathroom & double garage homes to be built over the site; and which once complete each parcel will have a Torrens Tile - no strata. Built over 2 x storeys all living areas have a north easterly aspect for sun and sea breeze. The second storey will offer some water views to The River and the design of these Silkwood Homes maximises the concept of indoor - outdoor living.

Buy and develop for profit; or keep one and sell off the other 3. This equates to each lot at $250,000 - this is a gem waiting for the right person.