Back 85 Blue Gum Rd
Off Market

85 Blue Gum Rd

Jesmond NSW 2299

6
4
House
Last sold for $520,000
Allen ReeceAllen Reece, last sold this property on 24 January 2014 after -10 days on market.

Overview

Prime Student Accommodation Property!

Unique opportunity to purchase a prime student accommodation property with walking access to university and major shopping centre. This property has an excellent rental history consisting of 6 bedrooms, 3 of which have ensuites and a main bathroom for remaining double sized bedrooms. Kitchen/lounge/dining are open plan which have been modernised allowing you to capitalise on excellent rent returns. Returning $950 per week showing an ROI of above 9.5%. Set on a level 535m2 block with single lock up garage. The block would ideally suit future development of a granny flat style conversion. ***See floorplan attached Allen Reece : 0409 814 400

Features

6 bedrooms
4 bathrooms
House

Estimated Value

We need at least 3 similar 6 bedroom houses sold in Jesmond over the last 12 months.

Property history for 85 Blue Gum Rd

2022
Rented
Undisclosed
Leased on 01 Mar 2022 by Reece Realty Newcastle
2021
Rented
Undisclosed
Leased on 02 Mar 2021 by Reece Realty Newcastle
2014
Sold
$520,000
Private Sale/Treaty on 24 Jan 2014 by Allen Reece, of Reece Realty Newcastle

Happy sellers in Jesmond

95%
95% 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 17 reviews in Jesmond over the last 12 months.

Local market activity for 6 bedroom houses in Jesmond

In the last 12 months, 2 six-bedroom houses similar to 85 Blue Gum Rd, have been sold.

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