This well presented weatherboard and tile home is returning an impressive $450 per week. It is conveniently located approximately 500 metres to both the University of Newcastle and Mater hospital.

The lease is about to expire, so you can move straight in if you wish. If you want to rent it out, properties in this condition and this close to University are always in demand.

The home is set on a 443m2 (approx) corner block. The property has been divided in 2 with a new fence. There is potential to add a second dwelling (either a granny flat or even second home) to further improve the rent return or possibly sub-divide (subject to NCC approval).

The property features:

* 3 double bedrooms, including one with sunroom;
* Polished floor-boards throughout;
* Updated kitchen;
* Off street parking for 6 cars;
* Freshly painted;
* Original fireplaces in 2 rooms;
* Extremely low-maintenance.

To arrange a time to view the property, please contact David Lane on 4926 1400