With a tenant secured until January 2027, this is the type of set-and-forget asset investors chase but rarely find.
Positioned in tightly held Adamstown, this neatly presented one-bedroom apartment delivers immediate income, minimal fuss and long-term upside in a suburb that consistently outperforms.
Located within a small, easy-care complex, it offers an open-style living zone anchored by a gas-equipped kitchen, while the bedroom is quietly offset for privacy and includes a built-in robe. The original bathroom is perfectly functional today, with clear scope to value-add down the track and boost returns.
If you're expanding your portfolio or want to enter the market with a proven performer, this is a strategic acquisition in a premium lifestyle corridor where demand never fades.
• Tenant in place until February 2027 – income from day one
• Low maintenance layout ideal for consistent rental appeal
• Small and well-paced complex enhances privacy and appeal
• Gas kitchen with bold black-and-white flooring and district lookout
• Open living zone with cooling ceiling fan for comfort
• Classic bathroom with shower-over-bath plus hallway linen storage
• Brunker road shops/eateries, the race course, and transport near by
• In demand suburb minutes from Merewether and Newcastle CBD
• Minutes to Westfield kotara and Charlestown square
Council Rates: $1,676 PA approx
Water Rates: $841 + Usage PA approx
Rent Potential: $410 PW approx
