Spacious and with three-bedrooms, this brick town house is just a stroll from the main entrance to the University of Newcastle and presents as a classic 'set and forget' property for investors.
It would be hard to imagine this property ever being vacant, given its proximity to the Uni and indeed it has been leased to same tenants for a very long term.
Rented for $410pw, the property is located in a convenient cul-de-sac and features good-sized bedrooms, air conditioning, internal laundry, electric kitchen and single lock-up garaging.
Public transport is handy and plentiful, major shopping is just down the road at Stockland Mall and schools and parks are nearby as well.
Vendors are moving on and have reasonable expectations - they want this property sold NOW!
• Solid construction
• Excellent rent
• Located in a sought-after area
• Minimum maintenance required
• Long-term tenant with excellent payment history
• Close to public transport, schools, parks