Looking for a long term investment property with high rental return potential? This property is a purpose built townhouse in a gated complex of five similar units only five minutes walking distance to Newcastle University. Being a gated complex offering a better level of security makes it popular with international students.
This townhouse is a brick and tile build with six bedrooms, five bathrooms, open plan kitchen and communal living area.
All bedrooms have built-in wardrobes and five have ensuite bathrooms offering a high level of privacy & comfort for all tenants. Kitchen facilities have a modern, accommodating open plan design with generous cupboards and plenty of bench space available.
Combined lounge and dining has a pleasant easterly aspect looking out onto the grassed yard.
In the gated complex is secure car parking and pleasant, open grounds with a bush reserve.
Presently the property is rented by the room, each bedroom smartly furnished for student studies. Living and kitchen areas are equipped with the required utilities for comfortable living.
Are you motivated to secure this progressive student accommodation investment property with high yield return potential? Contact Reece Realty Newcastle's leading high yield property management specialist and benefit from our collaboration with Newcastle International University.
Fully leased returning $1320 per week.