4 Turana Parade

North Lambton NSW 2299

620 m²

House

Currently for sale - view listing

Overview

Projected Growth Investment

Cleverly converted to a seven bedroom dwelling, this brick & tile home is being used as a positive geared rental with a current return of $1,315.00 per week. Presently being rented by room, the property has been well designed with shared kitchen & lounge facilities, two bathrooms and laundry. An easy walk to the University with a bus stop nearby and less than 2 km to Jesmond Central with all the services it offers. All bedrooms vary in size, most double or larger, and are furnished with bed, desk & chair. All have ceiling fans and 3 include built in wardrobes. Walk through the modern, spacious kitchen offering electric cooking, plenty of storage & bench area into the open dining space. Access the back yard through the generous enclosed sunroom serving as the lounge, surrounded by windows for light & airflow. Conveniently servicing each end of the property, the main bathroom includes a full size bath, separate shower & large vanity and adjoins a WC. Bathroom two is located with the laundry & is equipped with shower, vanity & a separate WC. This home would make an ideal long term investment with solid rental history, being fully furnished and ready to capitalise on the return of students requiring accommodation with projected continuous growth. Well presented & maintained, this house is set on a fully fenced 620m2 block containing a lovely, private yard with lawn & gardens. For more information on this investment opportunity call exclusive agent Allen Reece on 0409 814 400 or contact the office on 02 4950 2025.