Presenting a rare off-market opportunity - a solid brick corner-block home divided into two self-contained dwellings, offering immediate income and long-term growth potential. With both units currently leased at $400 per week each, this property delivers a combined return of $800 per week - a strong yield that makes it a standout choice for investors seeking consistent rental income in a high-demand area.
Each residence comprises one bedroom, one bathroom, and one car space, providing comfortable, low-maintenance living that appeals to a wide range of tenants. The homes are fully self-contained but not strata-titled, an added advantage that simplifies ownership and maximises future flexibility. Modern updates flow throughout, with sizeable bedrooms, ceiling fans, and well-appointed kitchens, ensuring functionality and appeal for current and future tenants alike, whether you retain it as a dual investment or consider future redevelopment (STCA).
The location couldn't be more convenient. Public transport is right at your doorstep, with a bus stop approx. 120m away as well as access to Belmont Baths. Everyday essentials are also within easy reach - Good One Caf� is just approx. 140m for your morning coffee, Belmont Citi Centre approx. 400m, and the Belmont CBD's selection of shops, dining, and essential services are all within walking distance.
Offering both a reliable dual-income stream and the flexibility to occupy or reconfigure in future, this off-market property is a smart addition to any investment portfolio - and an excellent entry point for buyers seeking a foothold in one of Lake Macquarie's most desirable locations.
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations).