On offer to the market is an attractive timber clad and tile home, offering seven bedrooms, two lounge areas, large kitchen/dining, two bathrooms plus screened rumpus area.
Presently this exceptional property is being rented to Newcastle University Students.
With two living areas there is plenty of space for the students allowing quite enjoyment in various areas of the house.
The kitchen is spacious with ample cupboards and generous bench space, there is a large dining area off the kitchen which flows to the upstairs living room, the upstairs bathroom has a modern feel with a full size bath, large shower plus a separate W.C.
Downstairs you will find there is a second living area that is generous in size with the four bedrooms found here opening onto the living area. There is also direct access to front yard from here allowing easy entry and exit from the home.
This property is set on a 601m2 fully fenced block.
With an easy walk to Newcastle University and Stockland shopping centre at Jesmond, making this property an excellent addition to any investors portfolio. Rent returns are excellent with growth rates being in line with the university growth in higher education and international student demands.
Currently fully leased and returning $915 per week.
For further information on this property contact Allen Reece, Newcastle's No. 1 University student accommodation agent or speak to one of our informed sales agents at Reece Realty.