This city townhouse presents an unbeatable investment opportunity with a long-term tenant returning $410pw in the booming West End precinct, located in the heart of Newcastle’s commercial district, walking distance to Beaumont Street cafes and Honeysuckle entertainment precinct, and minutes to the beach.

- High-growth West End location close to proposed Wickham interchange
- Long-term tenant in place for the next 18 months returning $410 per week
- Sizable open-plan living/dining room with study nook
- Living/dining room opens onto private balcony
- Modern galley-style kitchen with dishwasher and plentiful storage
- Contemporary main bathroom in neutral tones with walk-in glass shower
- Generous master and second bedrooms both with built-in robes
- Internal laundry, plus second guest toilet downstairs
- Good condition carpet and split-system air conditioning throughout
- Undercover parking for one vehicle with storage shed and room for bikes

With a reliable long-term tenant recently signed on for 18 months, this townhouse will return an immediate, reliable revenue stream, and expect healthy capital growth as the West End continues to flourish with the proposed Wickham interchange located steps away.

The sizeable open-plan living/dining room captures abundant natural light, features a study nook to suit a home office set up, and opens onto a private balcony with room for a barbeque.

The modern galley-style kitchen is presented in excellent condition and features a dishwasher, built-in oven and plentiful storage with floor-to-ceiling pantry.

The generous main bathroom is also in immaculate condition in neutral, contemporary tones and features a walk-in glass shower and modern vanity.

The master and second bedrooms are both generously proportioned and feature built-in robes for added convenience.

There is carpet and split-system air conditioning throughout, along with a well-equipped internal laundry and second toilet downstairs.

Undercover parking is for one vehicle with a lock-up storage shed and extra room to park your motorbike, scooter or a couple of bicycles.

Rental return – $410pw on 18month lease
Strata Levy – $680/qtr (approx.)
Water Rates – $125/qtr (approx.)
Council Rates – $237/qtr (approx)