This is one of the best returns to be achieved on a rental property due to its first class position close to Newcastle University. Close proximity to the Uni makes this extremely popular with the students due to the cost of parking and for international students who do not drive.
This dual income producing property is under one title on a corner block and zoned R3 Medium Density Residential.
The property is split into two, one house has 8 bedrooms, the other house has 7 bedrooms. Both have a full kitchen, 2 bathrooms, open plan living area and internal laundry. The current return is $2,150 per week.
Easy access to a major shopping centre and public transport add further advantages for this property. All set on a level 613m2 fully fenced site with room for a granny flat subject to NCC.
To book an inspection of this property contact Allen Reece on 0409 814 400, the Newcastle University hub property expert.