Offering three self-contained living spaces on a single freehold title, this substantial seven-bedroom, three-bathroom property presents an exceptionally versatile opportunity in one of Newcastle's established family suburbs. Currently configured for independent living across three units, it will appeal equally to investors seeking multiple income streams and extended families wanting to live together while maintaining privacy and independence.
For investors, the existing layout provides the flexibility to accommodate three separate households, each with its own living space, kitchen and dining area, bathroom facilities and private entrance. Proximity to the University of Newcastle, local employment hubs and everyday amenities further supports its appeal to students, professionals, families and share-house tenants.
Current rental returns:
* Unit 1 – $550 per week
* Unit 2 – $550 per week
* Unit 3 – $420 per week
The property is also ideally suited to multigenerational living. Parents, adult children, grandparents or blended families can enjoy their own space while remaining connected under the one roof. The arrangement may also suit those needing separate accommodation for a carer, regular guests, a home office or independent living for older children.
For buyers dreaming of one substantial family residence, the existing configuration offers exciting scope to bring the spaces back together and create a large, cohesive home. With thoughtful reconfiguration, selected internal walls could potentially be opened to establish generous shared living zones while retaining the property's six-bedroom scale.
* Three separately configured living units on one freehold title
* Seven bedrooms and three bathrooms across the property
* Open-plan kitchen and dining areas within each unit
* Multiple living spaces offering privacy and flexibility
* Separate or internal laundry facilities for each unit
* Covered verandah and patio areas for year-round outdoor living
* Fenced yard offering privacy and space for children or pets
* Carport and off-street parking for up to 6 cars
Maryland continues to attract families and tenants seeking a relaxed suburban setting with easy access to the University of Newcastle, local schools, shopping, sporting facilities, parks and public transport. The surrounding green spaces contribute to the area's welcoming
neighbourhood atmosphere, while Newcastle's major employment, education and lifestyle destinations remain within comfortable reach.
Whether retained as a multi-income investment, shared by an extended family or thoughtfully transformed into one expansive residence, this is a property with the space and adaptability to evolve alongside its next owner. Its combination of scale, independent living options and long-term flexibility makes it a particularly distinctive offering in the Maryland market.
Zoning: R2 Low Density Residential
Land Area: 647sqm approx
Council: Newcastle
Land Rates: $2242pa approx
Water Rates: $859pa approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
