41 University Drive, Waratah West, NSW, 2298

SoldSep 11, 2014

41 University Drive, Waratah West, NSW, 2298

$450,000

563 m²

House

•

22 days on the market

Sold: Sep 11, 2014

What's around 41 University Drive

Excellent Investment Opportunity

Perfectly configured for the student lifestyle, this home is conveniently located a stone's throw from the University of Newcastle and Mater Hospital. Refreshed inside, it presents as a superb low maintenance investment to add to your portfolio with all four bedrooms currently leased and receiving a total of $550 rent per week. The smartly presented interiors are bathed in northerly light and open to reveal a bright lounge room, a modern kitchen with Omega freestanding electric cooker, laundry, neat bathroom and rear balcony overlooking the large backyard. It's situated on a 563sqm allotment with driveway access to a single lock up garage. This is an excellent opportunity for the astute investor to take advantage of the increasing rental demand in this area. Building and pest reports will be available prior to Auction. * Single level weatherboard and tile home on 563sqm parcel * North facing aspect with light-filled refreshed interiors * Ideal for student accommodation with proven rental returns and cash flow * All four bedrooms leased and currently returning $550 per week * Stroll to university and Mater Hospital What is a Friendly Auction? It is PRD's revolutionary way of transacting property. It's even friendlier on buyers than "For Sale" (private treaty) and is ideally suited to motivated sellers looking to transact their property in market value within a reasonable time frame. Download our free friendly auction guide here: http://tinyurl.com/FriendlyAuctions

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Seller's review

over 11 years ago

Verified Review

Real Estate GENIUS!

George is the best real estate agent in Newcastle for a reason. He is honest, professional and passionate about his work. He has a great team behind the scenes and I can't recommend George more highly!

Seller