4 Turana Parade
North Lambton


$840,000

0
2
7

Property Features


Property ID: 3464271

Land Size
620.00 m2

Invest or Enjoy


Introducing this brick & tile home cleverly converted to seven bedroom dwelling being used as a positive geared rental with a current return of $1170.00 per week. Presently being rented by room to Newcastle University Students, the property has been well designed with shared kitchen & lounge facilities, two bathrooms and laundry. Within easy walking distance to the University and with a bus stop nearby, it is less than 2 km to Jesmond Central with all the services it offers.

All bedrooms vary in size with most double or larger. Furnished with bed, desk & chair, all have ceiling fans and 3 include built in wardrobes.

Walk through the modern, spacious kitchen offering electric cooking, plenty of storage & bench area into the open dining space. Access the back yard through the generous enclosed sunroom serving as the lounge, surrounded by windows for light & airflow.

Conveniently servicing each end of the property, the main bathroom includes a full size bath, separate shower & large vanity and adjoins a WC. Bathroom two is located with the laundry & is equipped with shower, vanity & a separate WC.

This home would make an ideal long term investment with solid rental history, being fully furnished and ready to capitalise on the return of students requiring accommodation with projected continuous growth. Well presented & maintained, this house is set on a fully fenced 620m2 block containing a lovely, private yard with lawn & gardens.

For more information on this just listed investment call exclusive agent Allen Reece on 0409 814 400 or contact the office on 02 4950 2025.