On offer is this high yield, secure income investment, be quick because this property will sell!
This is an attractive timber clad and tile home, offering five bedrooms, two lounge areas, large kitchen/dining, two bathrooms plus screened rumpus area PLUS a three bedroom, 3 ensuite, recently built granny flat.
Presently, this exceptional property is being rented to Newcastle University Students.
The open plan kitchen/dining is spacious with ample cupboards and generous bench space. A doorway from the dining area flows to the upstairs living room. Upstairs is the contemporary main bathroom with a full size bath, large shower plus a separate W.C. There is also a combined laundry/bathroom with shower & WC.
Downstairs you will find there is a second spacious living space, two bedrooms and a large storage room. 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 block that is fully fenced.
With an easy walk to Newcastle University and Stockland shopping centre at Jesmond this property is 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.
For further information on this property contact Allen Reece on 0409 814 400 or speak to one of our sales staff 4950 2025.