100m to the University of Newcastle and prior to current renovations was generating $1050+ when fully leased. With a stunning brand new kitchen, carpets and paint, and perfectly configured for 5 separate student rooms (3 can be double rooms) this presents a rare and ready-to-go investment.
With over 900sqm there is also potential down the road for a granny flat (STCA) and with a large garage there could be further opportunities too.
Also would work well as a generous family home for now, with the option there as your investment or potential development later down the track.
Our favourite thing about this home is its quality and build for the age of the home and it’s potential both current and future.
- 5 generous bedrooms (beds, mattresses and study desks included).
- Stunningly renovated white and bright kitchen with subway tiles, chic timber benchtops, chefs stove and stainless steel appliances.
- Open-plan spacious lounge and dining.
- Fully covered over-sized alfresco space overlooking lush established gardens with plenty of room for a backyard cricket game.
- Lock-up garage and plentiful off-street parking for residents.
The vendor will prove the rental income statements and also how to simply lease the property
