This property comprises a large lot with seven, two bedroom villas and parking for seven vehicles.Held by the same family for decades this well maintained residential complex produces strong rental returns with the potential for uplift.Five villas fronting Yorston Street enjoy north facing gardens as well as rear private courtyards.Two free standing cottages at the rear feature a functional layout surrounded by mature hedges.This is a rare opportunity to secure a guaranteed income flow backed by bricks and mortar in one of Lake Macquarie's most sought after locales.Yorston Street is close to schools, shops, cafes, transport and within walking distance to the lake foreshore.A detailed Information Memorandum is available by request.FEATURES: - Five brick and colorbond villas - Two brick and tile cottages- All on a single title- Split system air-conditioning to most villas- Singe carports for each villa- Some units feature polished timber floors- Well maintained by the same family for decades - Professionally managed with long term tenants- Large block with wide street frontage- Superb central locationThe information contained herein has been provided by people we believe to be reliable, however all interested parties must rely on their own enquiries.
