Here is a rare opportunity to secure a great investment/residence with loads of options & growth.

Solid, cavity brick & iron building of about 814 m2, substantially over 2 levels with 2 street access.
Comprising of 5 air conditioned studio apartments with garage parking for 3 cars that is currently returning over $84000.00 p.a.
PLUS 325 m2 of converted warehouse living that includes ducted air conditioning, 4 bedrooms, 2 huge living areas, spacious timber kitchen, 2 bathrooms, 2 car garage & workshop area.
PLUS a 140 m2 storage space that is separate but could easily be made accessible from the residence or remain external.
The storage space could be used for: home extension, work/hobby/business space, man cave, additional garaging or leased for additional income.
It is thought that the additional leasing of the residence & the storage space could return from $900 to $1200 p.w.

ADDED BONUS current DA for another 6 studio apartments with parking.

LOCATED in the about to boom Broadmeadow precinct close to railway station, buses, Newcastle Racecourse, UNI, hospitals, beaches, Harbour front, city centre and cycleway.
This is a fantastic opportunity for a set and forget investment or live in and receive $84,000+ p.a. income. Great lifestyle!