Discover a remarkable opportunity that beckons in the vibrant heart of Wallsend, merely moments from Nelson Street. A distinctive property awaits, offering a unique propositiona single residence ingeniously divided into two independent one-bedroom studios. This setup not only presents a compelling project or development venture but also an investment that's too good to overlook.
The residence, currently segmented into two self-contained units, provides a seamless blend of versatility and independent living. The second unit is an active income source, tenanted for $255 per week on a continuing lease by a committed long-term occupant, illustrating the property's immediate financial appeal.
Occupying a generous, almost level block, its position is unrivaled for those eager to embark on a renovation journey or to secure a prudent investment. Each unit is thoughtfully equipped with its own kitchen and bathroom, affirming autonomy and ease for its residents. The property is further enhanced by separate electricity metering for each studio, a single lock-up garage offering secure parking or additional storage, and an external lawn locker for supplementary outdoor storage demands.
This property's dual-unit configuration, combined with its prime location, makes it an irresistible proposition for renovators envisaging their next undertaking or investors looking to seize a strategic acquisition. This is your invitation to shape a promising property into a triumph. Don't let this unparalleled opportunity to own a house cleverly divided into two units in Wallsend's dynamic CBD pass you by.
- Two, one bedroom units under one roofline
- Moments from Nelson Street shops
- Dual electricity metered
- Level block in excellent location
Land Size: Approx 400m2
Rates: Approx $489/qtr
Rent: $500 - $600 (combined)
