Attention all astute investors, this dual income investment opportunity offers high yields and opportunity to increase further. The street frontage property offers 3 bedrooms plus single lock up garage. The rear dwelling consists of a recently added two bedroom granny flat with all modern tones. An off street parking space is part of this property also. Internally, the front home possesses high ceilings, split system air-con, lovely timber polished floors. Both properties include modern kitchens and functional bathrooms.
Market rental income is estimated to be in the vicinity of $1,170 pw. This could equate to a possible return on investment of approx 5.79%. Located in a central and accessible location to neighbouring infrastructure such as Cardiff shopping precinct, Local Schooling, Warners Bay Lake Foreshore, Newcastle City Bypass and Cardiff Train Station. In addition, convenient proximity to neighbouring Westfield Kotara and Charlestown Square.
Buyers who are wanting to secure high yield income opportunities should immediately enquire!
Zoning: R2 Low Density Residential
Land Area: 632sqm approx
Council: Lake Macquarie
Land Rates: $2689pa approx
Water Rates: $949pa approx
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
