Key criteria for fruitful real estate investment are the ideal combination of excellent location, large land size and consistent income, and if this also comes with reduced risk, you have hit the jackpot.
An impressive opportunity has arisen to gain just that. This property boasts a lovely elevated 809 m2 corner block on Hospital Hill, 2 homes, both have street frontage, street appeal and 2 current leases so you can hit the ground running with your new investment.
The larger 3 bedroom, 2 bathroom, weatherboard home has some lovely internal Art Deco features such as high ceilings with decorative plaster cornices and ceiling roses, plate rails and fireplaces. The home is air conditioned, has ceiling fans and a gas point for heating.
The second home is a newly constructed (less than 12 months old) 2 bedroom, 1 bathroom. Modern throughout, the kitchen, dining and living space is open plan and air conditioned, the bedrooms have built-in wardrobes and ceiling fans, and a north facing glass sliding door off the kitchen at the rear provides natural light and access to the private, covered alfresco. This home will also benefit the buyer by way of depreciation.
Both homes have vehicular access from Leonard Street and single lock-up garages.
As the location would suggest the home is under 200 metres from Cessnock Hospital, less than 1 km to IGA, Aldi, Takeaway Food Outlets and Council Swimming Pool.
Hunter Valley Wineries are approx. 6km or 9 mins drive away.