If investment is in your current plans and rental yield is on the top of your agenda, then this dual key property is most certainly one that needs to be on your inspection list. Ticking all the boxes a discerning investor would look for,
this property represents a 5.9% return on investment at the purchase price, has tenant’s already in place locked into leases until
April 2021 and offers maximum depreciation benefits! Immaculately presented and perfectly positioned in Gillieston Heights surrounded by quality homes, this low maintenance Thomas Paul built dual key premises was completed early in 2020 and offers quality fixtures and fittings throughout.
Being dual key in design, this also means a dual rental income scenario and offers the prospect of cash flow in future from one side of the property, should the other side be vacant at any stage.
With amenities and schools close by, you are literally just a 5 minute drive to Maitland CBD, 10 minutes drive to the Greenhills Shopping Precinct and just 5 minutes drive to the Hunter Expressway allowing ease of access to Newcastle and the M1 through to Sydney! Likewise, it is an approx. 35 minute drive to Newcastle airport allowing super easy access to all the conveniences a tenant could ever ask for.
Jam packed with all the mod cons a potential tenant could desire, such as reverse cycle air conditioning, dishwasher, quality appliances and much more, do not waste time in registering your interest to view this fantastic investment opportunity today.
Further features of this dual key property include:
Side 1
- Three bedrooms, main with ensuite and WIR
- Built-ins to the further two bedrooms
- Main bathroom with bath, shower and W.C
- Stainless steel appliances
- Internal laundry
- Open plan kitchen / dining / living
- Reverse cycle air conditioning
- Outdoor undercover alfresco area
- Fully fenced low maintenance yard with glorious rural outlook
- Stylish and modern facade
- Single remote garage with internal access
- Currently returning $440 per week to a great tenant in lease until April 2021
- Approved for separate rental
Side 2
- Two bedrooms
- Built-ins
- Main bathroom with shower, W.C and laundry
- Open plan kitchen / dining / living
- Reverse cycle air conditioning
- Stainless steel appliances including gas cook-top
- Neutral colour pallet
- Outdoor undercover alfresco area
- Fully fenced low maintenance yard with rural outlook
- Private entry
- Stylish and modern facade
- Single remote garage with internal access
- Currently returning $350 per week to a great tenant in lease until April 2021
- Approved for separate rental
At a current dual income return on investment of $790 per week, how can you simply pass this one up? Call us today to secure your viewing, discerning investors are encouraged to waste no time in doing so.
This property is proudly marketed by Patrick Howard, contact 0408 270 313 or 4933 5544 for further information or to book your onsite one on one inspection.
First National David Haggarty, We Put You First
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Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.