39 Russell Street, Clarence Town, NSW 2321

All the hard work has already been done in this beautifully renovated four-bedroom, one-bathroom brick home set on a generous 1005sqm block. Move in and enjoy, or take advantage of the Development Approval to subdivide the property into two lots of approx. 500sq each - a rare and exciting opportunity for investors, multi-generational families, or those simply looking for future growth. Build and sell, go halves with family, or keep the entire block for yourself - the options are endless.

The home has been thoughtfully updated throughout, offering modern comfort and functional living. Inside, you'll find a spacious separate lounge and dining area, plus an additional activities room - ideal as a kids' playroom, second living area, or home office. The kitchen is a standout, featuring a breakfast bench, newly built walk-in pantry with a gorgeous barn door, dishwasher, 600mm gas cooktop, electric oven, and a contemporary finish.

The four bedrooms are generous in size, with two including built-in robes and ceiling fans. The main bathroom has been stylishly renovated with a shower, bath, and toilet, complemented by a separate powder room with a second toilet for added convenience. A renovated laundry with external access completes the functional layout. Comfort is assured year-round with ducted air-conditioning, ceiling fans & a cozy combustion wood fire for winter warmth.

Step from the dining room to the outside patio or concrete entertaining space, and a double brick garage equipped with power, concrete flooring, and air-conditioning - perfect as a workshop or storage space. The yard also includes a garden shed, fire pit, and fruit trees, adding character and practicality to the outdoor space.

The subdivision has approval for two lots (Lot 401 and Lot 402), each approximately 500sqm, with driveway access to Lot 401 off Russell Street and Lot 402 off Queen Street. Estimated rental return for the existing home is approximately $640 - $660 per week, and the potential to build and lease a second dwelling makes this a highly attractive investment.

Ideally located within walking distance to Clarence Town's shopping village, medical centre, local pub, bowling club, boat ramp, and community swimming pool, this property delivers the perfect combination of lifestyle and convenience. Enjoy the charm of a local village atmosphere while still being just 35 minutes from Maitland and Green Hills Shopping Centre, 25 minutes to Raymond Terrace, less than an hour to Newcastle, and approximately 2 hours and 20 minutes to Sydney.

Whether you're a savvy investor, first-home buyer, or looking for a move-in ready home with future development potential, this is an opportunity not to be missed.

* This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.