A double income investment, this classic inner-city cottage is currently split into two self-contained flats, a one-bedder at the front and a two-bedder at the rear. Offered with vacant possession, the units recently returned a combined $800 per week. Timber floors and ornate cornices bring the charm, and there have been some modern updates over time, while still giving you the option for future value-adding upgrades and stronger returns.
You could also restore the residence to a single home with a full renovation or rethink the layout altogether. The deep 506sqm block with approximate 10.06m frontage also offers the possibility of a modern rebuild (STCA).
This is a community-minded neighbourhood where a friendly wave turns into a chat and local spots feel like extensions of home. Start your morning with a coffee at nearby Praise Joe or breakfast at Equium Social. Skip the school traffic with Tighes Hill Public only 400m away. Stretch out at Islington Park with the dog and kids or hit the Throsby path for a scenic walk or ride that winds past the harbour through Honeysuckle and all the way to Nobbys.
- 506sqm block with north facing backyard
- Approx. block dimensions, 10.06m X 50.29m
- One bedroom + sunroom and modern electric kitchen approx. $350pw
- Two bedroom, older style kitchen, modern bathroom approx. $450pw
- Double garage and carport at rear of block + North face rear
- Workshop and storage space in double garage
- space to add a studio or granny flat (STCA)
- Newcastle Interchange – 2.7km, Marketown - 3.5km, Honeysuckle - 3.7km Bar Beach – 5.5km
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
