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Back 76 Blue Gum Road
Off Market

76 Blue Gum Road

Jesmond NSW 2299

11
4
4
797 m²
House
Last sold for $1,100,000
Allen ReeceAllen Reece, last sold this property on 06 July 2023 after 36 days on market.

Overview

R3 Property Place Profit

Astute investors take note, just released to the market is an attractive rental property with two separate dwellings on a 797m2 block, positioned within walking distance to Newcastle University, shopping centre & public transport servicing the University, major centres and Newcastle CBD. Demand is high for single room accommodation whether from Newcastle University's large pool of students or private renters seeking affordable living options. Each tenant enjoys the security of their own leased space and communal living areas are well designed to cater for multiple users. The front house has six generous bedrooms, five with ceiling fans and three have external access from their private balcony. Kitchen is modern with long bench space, stainless steel cooking facilities and dual sink. Coupled with the spacious lounge, kitchen/dining area offers flexibility to arrange the space as required. One bathroom services the three bedrooms at the front of the house and the second, combined with a laundry, services the three bedrooms at the rear. An extra WC can be found off the loungeroom. Entry to your second house is into a wide, open plan kitchen/dining space with a separate lounge. There are five bedrooms surrounding the communal area with two bathrooms and laundry located at the rear of the property. Considering this prime location, R3 zoning offering potential for future higher density development (STNCC) and with plenty of off street parking, this property presents multiple investment opportunities. Rent return of $1,600 per week. For more information on this excellent high yield investment please contact exclusive listing agent Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.

Features

11 bedrooms
4 bathrooms
4 carspaces
4 open car spaces
797 m² lot size
House

Estimated Value

We need at least 3 similar 11 bedroom houses sold in Jesmond over the last 12 months.

Property history for 76 Blue Gum Road

2023
Sold
$1,100,000
06 Jul 2023 by Allen Reece, of Reece Realty Newcastle
2021
Rented
Undisclosed
Leased on 02 Mar 2021 by Reece Realty Newcastle
2012
Sold
$477,000
23 Jul 2012 by Scott Purnell, of Robinson Property

Happy sellers in Jesmond

97%
97% of sellers in Jesmond reported that their sale price either exceeded or met their price expectations.

Jesmond stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Jesmond over the last 12 months.

Local market activity for 11 bedroom houses in Jesmond

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Jesmond

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Michael Arnold

Sellers who recommend Michael Arnold have praised them for being local expert, clear communication and friendly

  •   4.9   (23 reviews)
  •  5 Reviews in Jesmond
  •  4 Sales in Jesmond
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Scott Richardson

Scott Richardson is a recommended agent for Jesmond.  They have 2 local sales and collected 2 local reviews across the last 12 months.

  •   5   (203 reviews)
  •  2 Reviews in Jesmond
  •  2 Sales in Jesmond
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Laura Strong

Sellers who recommend Laura Strong have praised them for being clear communication, local expert, great negotiation, honest, dedicated, friendly and pleasant

  •   4.9   (252 reviews)
  •  2 Reviews in Jesmond
  •  1 Sale in Jesmond
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Tony Gough

Tony Gough is a recommended agent for Jesmond.  They have 1 local sale and collected 1 local review across the last 12 months.

  •   4.7   (35 reviews)
  •  1 Review in Jesmond
  •  1 Sale in Jesmond
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