Talk about bang for your buck! Imagine purchasing your new home and an investment all in one go? Or rent out both homes and sit back and watch them grow in value. This property offers you just that…… with 2 cottages on the one parcel of land. The houses are also metered separately for ease.
No. 2 Alfred:
– 3 bedrooms
– Freshly painted interior
– New light fittings & window coverings
– Period touches, high ceilings, polished floor boards, decorative fireplace & original fire cooker in the kitchen
– Estimated rental return $360 per week
No. 4 Alfred:
– 2 large bedrooms
– Separate dining room
– Spacious lounge room opening to the covered front verandah
– Currently returning $330 per week on a current lease
Both properties offer their own fenced rear gardens and are quite private from each other.
Located within the heart of Waratah, you will be hard pressed to find better value in this most central of locations.
Within 1km you can walk to:
– Waratah Station
– Waratah Village Shops
– Calvary Mater Hospital
– Braye park
– Multiple Schools
The University is just 2 km’s away.
This is an excellent opportunity for the astute buyer to take advantage of increasing rental demand in this area. There could also be endless opportunities for the creative person. Combine both houses into one amazing family home or use the second home as an Airbnb rental….so many possibilities.
The wonderfully handy location is minutes from everything you need, and the CBD and pristine Newcastle beaches are just a 12-minute drive. With a solid 40-year rental history, this one is sure to impress.
To be the first to see the property please contact David Lane on 0415 33 22 82.