Tucked away on a quiet street just moments from the University of Newcastle and Mater Hospital, this 5 bedroom home is ready for its next chapter.

It needs some work, and that's exactly where the opportunity lies: renovate to add value, put your own stamp on it, and build equity in one of Newcastle's most convenient pockets.

The generous, versatile floor plan suits a range of buyers. Investors will like the strong rental demand from students and hospital staff. Growing families get space at a sensible entry price. First home buyers can trade a little elbow grease for real long-term gain.

Features include:
• Original hardwood timber floors throughout, ready to be polished back to life
• 5 bedrooms with a flexible layout
• Large, level backyard
• Single garage plus additional off-street parking
• A stone's throw to Mater Hospital, minutes to the University of Newcastle

Well-located homes with this much upside don't come along often. Bring your vision and inspect today.