38 Kimian Ave, Waratah West is a 9 bedroom, 2 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 588m2 and floor size of 270m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
A unique opportunity exists with this unfinished project, definitely one for renovators, builders or tradies and a great opportunity for those looking to enter the market and add future value.
With a partly commenced renovation under way, the owners vision to embark on a full interior do-over has set the groundwork for a keen property enthusiast to complete the fit-out to an already solid brick and tile home, set in an elevated position with views. The majority of the interior is stripped down to wall beams, and prepared for a refit that includes kitchens and bathrooms on both levels, which are currently plumbed in. There is a separate laundry and powder room downstairs, and original family bathroom.
The ideal buyer will benefit from the profitability of the finished 9 bedroom, 2 kitchen home. It will be a spectacular property when it is finished.
Positioned within walking distance to Newcastle University, Jesmond Shopping Centre and bus stops, and a short drive to Newcastle city and beaches.
For more information about this great opportunity, call us on 02 4958 8555, 7 days.
The size of Waratah West is approximately 1.7 square kilometres. It has 11 parks covering nearly 25.8% of total area. The population of Waratah West in 2011 was 2,676 people. By 2016 the population was 3,000 showing a population growth of 12.1% in the area during that time. The predominant age group in Waratah West is 20-29 years. Households in Waratah West are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah West work in a professional occupation. In 2011, 60.4% of the homes in Waratah West were owner-occupied compared with 55.6% in 2016.
Waratah West has 1,318 properties. Over the last 5 years, Houses in Waratah West have seen a 71.26% increase in median value, while Units have seen a 43.29% increase. As at 31 October 2024:
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