For investors seeking reliable returns, this six-bedroom property delivers. With every room currently leased, it's a fully tenanted home offering consistent income in a high-demand pocket just moments from the University of Newcastle.
Set on a generous block with dual street access and elevated positioning, the property also presents exciting development prospects. A completed survey and planning report give buyers a head-start exploring options for future improvements or redevelopment (STCA).
Inside, the layout prioritises functionality and ease of living with six well-sized bedrooms, two bathrooms, and open-plan kitchen and living areas. A covered alfresco/sunroom, garage, carport, and off-street parking for multiple cars complete the package, while a fenced yard and leafy surrounds create a sense of privacy and comfort for tenants.
It's a strong, practical performer in a location that continues to attract steady rental demand.
What You'll Love
-- Six bedrooms, all individually leased
-- Two bathrooms and a shared living area
-- Shared kitchen with electric oven and cooktop
-- Large low-maintenance, corner block with dual street access and elevated outlook
-- Garage, carport and additional off-street parking
-- Only 73m to nearest bus stop for easy public transport access
Your New Neighbourhood
-- 2min drive or 13min walk to University of Newcastle (1.2km)
-- 3min drive or 19min walk to Jesmond Central (1.4km)
-- 7min drive to Wallsend Village (3.6km)
-- 6min drive to Calvary Mater Hospital (3.8km)
-- 10min drive to Warabrook Train Station (300m)
-- 4min drive to Jesmond Park (2.7km)
-- 22min drive to Newcastle CBD & beaches (11.4km)
-- Approx. weekly rental return: Currently $1,000
-- Approx. council rates per quarter: $573
-- Approx. water rates per third: $286 (not incl. usage)
Inspections strictly by appointment only. Please send an enquiry for inspection times.
For more information, please contact Bec Williams or Sophie Hunter on 4967 6770.
Disclaimer:
All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.
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