Offering 5 x 1 Bedroom Units Selling all Together
Total Rental Income for all 5 Units $76,440 per annum ( Appox )
Outgoings (approx):
Council $2230 p/a
Water $4300 p/a + usage ($860 per dwelling)
Set across a single block, this unique investment opportunity comprises five self-contained one-bedroom units, each offering a practical layout with one bathroom and a comfortable living environment. Being offered for sale as a complete holding, the property presents an appealing opportunity for investors seeking to secure multiple dwellings within one convenient location.
Each unit is complemented by access to a communal laundry, while the property also provides a carport together with additional off-street parking, adding further practicality for tenants.
With long-term tenants already in place, the property offers the benefit of established occupancy and an existing rental income stream from day one. The combination of five separate dwellings, secure tenant history and off-street parking makes this a compelling proposition for investors looking to expand their portfolio or secure a multi-dwelling asset.
Positioned in a convenient Wallsend location, the property is within easy reach of local shops, cafés, public transport, schools and everyday amenities, while also providing straightforward access to Newcastle's major employment, education and transport hubs.
For more information or to arrange an inspection, contact Jacob McFarlane from McFarlane Real Estate on (02) 4954 0399.
From all of us, we wish you every success in your search for your new home. Explore this property and others by calling or emailing us today.
DISCLAIMER: Information provided is from sources believed to be reliable, but accuracy is not guaranteed. Prospective purchasers should carry out their own investigations and satisfy themselves regarding all details including, without limitation, income, rentals, dimensions, areas, zoning, and permits.
