17 ABERDARE ROAD & 9 FELICIA LANE, CESSNOCK
MAIN HOUSE - Fronting Aberdare Road
- Two bedrooms, ceiling fans in both
- Refurbished bathroom
- Modern eat in kitchen with electric cooking and dishwasher
- Lounge area with A/C
- Low maintenance, fully fenced yard space
- Currently leased at $340/week, with a $10/week increase coming into effect in July 2021
GRANNY FLAT - Fronting Felicia Lane
- Two bedrooms, both with built in robes, one bedroom with A/C
- Open plan kitchen, dining & living
- Combined bathroom and laundry
- Covered entertaining space
- Attic space with plenty of storage for tenants to utilise as they please (refer to floorplan)
- Very low maintenance yard space and a double carport
- Currently leased at $370/week
THE PACKAGE
- Total return of $710/week, close to 6% gross return
- Both tenants currently in lease
- Total site size of 490m2, with full approvals for the granny flat to face Felicia Lane
- Only 800m from the CBD of Cessnock and close to schools and sporting fields
