$895,000

Located in one of the most renowned historic towns in Australia, this striking Georgian Terrace has a valuable B4 mixed use zoning, a long-term commercial tenant downstairs, and a superbly restored three-bedroom, 2 bathroom home upstairs. The property oozes character, and period features and includes the original hardwood timber staircase.

Along with the position in the heart of the Morpeth township, the location, 5 minutes to the new Maitland hospital, Greenhills’s shopping centre, Maitland private hospital, and 30 minutes to the rapidly growing Newcastle CBD, and 2 hours from Sydney CBD is simply superb.

The property has rear lane access with two car spaces and parking out the front. In the backyard there is an unused building which could easily be converted for BnB (STCA) or extra residence. The commercial tenant downstairs that presently holds a 1-year lease at circa $2,000/month, and the residence upstairs is also on a 12 months lease of $495pw.

The property provides numerous residential, business and investment opportunities, with potential for further development if desired.

To arrange your private inspection please contact James Hannah of PRD Hunter Valley on 0400 301 349.


Whilst all care has been taken preparing this advertisement and the information contained herein has been obtained from sources, we believe to be reliable, PRDnationwide Hunter Valley does not warrant, represent or guarantee the accuracy, adequacy, or completeness of the information. PRDnationwide Hunter Valley accepts no liability for any loss or damage (whether caused by negligence or not) resulting from reliance on this information, and potential purchasers should make their own investigations before purchasing.