55. Douglas Street WALLSEND NSW

55 Douglas represents great potential in the market. Comprising of a well maintained, three bedroom home with renovated bathroom, kitchen and updated interiors, this property invites a variety of purchasers including First Home Buyers, Families, Self Employment and Investors. The central kitchen overlooks the informal living, dining and another substantial size entertaining room which opens to a pleasant Easterly aspect from the deck. The garage is approximately 6 x 7M with another semi-enclosed outdoor entertaining area all of which is easily accessed from the tandem designed carport – This has the potential to be converted into another income stream or home office Separate to the home you have a great size granny flat (4 x 9.6M) that would be perfect for additional income, a home office or even a retreat for the larger families. The balance of the land includes a secure, fully fenced yard with double gate access to an adjoining recreation park. An easy 10 minute walk to Stockland Jesmond and only short 5 minute commute to the University of Newcastle. This is a fantastic opportunity with a scope for further potential to the astute purchaser. Rental Returns for the Investor: House – $425 per week approx. (Completed) Unit – $250 per week approx. (Completed) Garage/Studio – $250 per week approx. Total potential investment = $925.00 (8.7%) Return! Contact Jesse Mulligan on 0432 160 186 or (02) 4950 1466 to arrange a suitable viewing time.