Investor & Renovators Alert! Double tenancy minutes to Uni and Hospital along with upside Opportunity for Renovation!
THIS PROPERTY HAS BEEN SOLD.
Receive income from this existing tenancy, while you plan the renovation you have been waiting for.
Investors cash in on the security of two rents with this double tenancy that is ideally located in a popular central position just 400m to Jesmond Primary School, 1.3km to Stockland Jesmond, 1.9km to the University of Newcastle, and 3.6km to John Hunter Hospital.
Block size approximately 474m2.
Rental income currently $535/wk.
— Front residence features lounge, eat-in kitchen, two bedrooms and one bathroom
— Rear residence features lounge, eat-in kitchen, one bedroom and one bathroom
— Soaring ceilings, period features, plentiful natural light and carpet throughout
— Split-system air conditioning and ornamental fireplace to front lounge room
— Both generous kitchens feature electric cooking and ample cupboard space
— Both bathrooms are well-presented with shower over bath
— Separate toilet to rear residence; shared external laundry adds convenience
— Covered verandah and built-in linen cupboard to front residence
— Rear residence opens to generous fenced backyard
— Off-street parking for multiple vehicles on large side driveway
Enter via the covered front verandah and into the spacious lounge room where a high ceiling adds to the sense of space and an ornamental fireplace adds a touch of yesteryear.
There is also split-system air conditioning to the lounge room, and the generous eat-in kitchen features a freestanding electric stove and ample bench and cupboard space.
The front residence also features two very large bedrooms, a well-presented main bathroom with shower over bath, and a built-in linen cupboard.
The self-contained rear residence offers independent living with a private entry from the backyard. It features a light-filled lounge room that flows through to the generous country-style kitchen.
A generous bedroom is off the lounge room, and the well-presented bathroom with shower over bath joins a separate toilet.
There is a shared laundry that is accessed from the backyard, plus off-street parking for multiple vehicles on the large side driveway.
With a major university and hospital both just minutes away, these residences will be popular with students and healthcare workers. Investors could also choose to add significant value with an easy cosmetic renovation.
Call Heath Podmore at Chapman Property on 0401 161 635 to organise your inspection today.
Water Rates: $370 p/q approx.
Council Rates: $390 p/q approx.
- 3 bed
- 2 bath
- 3 Parking Spaces
- 3 Garage