Quality six bedroom property with a modern fit out from front to back, the property is being used as a positive geared rental with a potential return of $985.00 per week. Presently being rented by each room to Newcastle University Students, the property has been purpose designed to the requirement of student rental with secure room locks, easy entry exit access and shared kitchen facilities with appropriate cooking appliances. There are two bathrooms and shared laundry facilities.
This property is popular with students within easy walk to the University and Jesmond shopping centre. There is a level yard and bus stop at the door giving easy use of public transport.
All bedrooms are large in size and are complete with bed, wardrobe, side board and desk with chair. The comfortable lounge and dining allows shared common area with lounge, TV and dining suite.
This home would make an ideal long term investment with solid rental return history, being fully furnished and ready to capitalise on the growth of student accommodation with projected continuous growth. This well presented home is set on a neatly fenced 594m2 block with a lockup garage and extra off street parking.
Option of a Granny flat development is possible subject local council regulation.
For more information on this just listed investment call exclusive agent Allen Reece on 0409 814 400 or email email@example.com.