Split into 2 residences this centrally located cottage has all the features to make life easy to get into the property market. Close to Newcastle university and only minutes walk to Lambton shops, public transport, parks and schools, this is the ideal investment at entry level pricing.
If you are a young couple, how about live in one side and rent the other side out, earning great rental return and paying down that mortgage even faster.
Both units have fully equipped kitchens with new carpets, freshly painted inside, new security doors and separately metered water and electricity.
Two rentals on one property are always better than one !
This is a great opportunity for anyone looking to break the rental cycle, buy into a great area and still afford to enjoy life without breaking the bank balance.
It is not a palace but will give you great returns. Vendor wants it sold now! Inquire today.
On site Auction 14/2/15 at 11.30. Be there for a deal !
Other features include:
# Projected rental return of $220/wk per unit ( total $440/wk )
# Fully fenced, good sized back yard
# Approximately 371 sqm block
# Low maintenance garden
# Off street parking for 2 cars
# Ready to move straight into
Council rates: $1316.00pa
Water rates: $320.00/qtr
Call: Scott Hunter for an inspection 0448 870 068