With an estimated return of approximately $1,300 per week when fully leased, this property presents an outstanding opportunity for investors seeking strong cash flow in one of Newcastle's most consistently rented locations. Just one kilometre from the University of Newcastle and 500m from Jesmond Central, it's perfectly positioned to attract students and tenants looking for convenience, with shops, supermarkets, cafés and public transport all within easy walking distance.
The updated residence offers five bedrooms, two bathrooms, a spacious kitchen and dining area, plus split-system air conditioning throughout. An additional detached accommodation space provides further flexibility and income potential.Together, the improvements have been configured to maximise rental appeal while keeping management straightforward.
Beyond the immediate rental return, the location adds long-term value. Primary and high schools are just minutes away, Newcastle CBD and the city's beaches are around 15 minutes by car, while the nearby City Bypass extension will make commuting and the trip to John Hunter Hospital even more convenient in the future.
-531.1sqm block with R3 Medium Density zoning, 13.11m frontage
-Renovated single level home configured for investment appeal
-Modern kitchen & bathrooms to both the main dwelling and additional accommodation
-Heaton Public School – 700m, Callaghan College -600m, UoN – 1km
-Moments to city bypass extension ensuring swift commute to John Hunter Hospital
-Newcastle Interchange – 9km, M1 & Hunter Expressway – 9.6km
-Approximate return of $1300 per week when fully leased
* This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.
$963.93 Water rates PA
$4489.68 Council rates PA
