Your search is over! – Comprising of two separate dwellings, this property is perfect for investors looking to maximize their rental returns.
Sitting proudly on a 505m2 block with rear lane access is a modern 3-bedroom, 1 bathroom granny flat boasting sleek, modern finishes and plenty of natural light and a cosy one-bedroom, one-bathroom home that is perfect for investors looking for value-add. Both dwelling are separated by a fence.
Being only 750m from the CBD you have close proximity to a variety of cafes, restaurants, fitness facilities, stores, shopping centres and not to mention that Bridges Hill Park is right out your front door and across the road!
With a gross rental return of approximately 5.2% p.a., this property is sure to be a sound investment for years to come with plenty of room for improvement and value-add.
Just 48 minutes to Newcastle (48.8km) and less than 2 hours to Sydney (150.9km).
- Dual Income/Two dwellings
- 505m2 block in R3 Zoning
- Just 750m to the CBD
- Currently tenanted
- Close proximity to shops, parks, cafes etc.
- Approximately 5.2% gross p.a.