4 Turana Parade North Lambton

$840,000

7 2
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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.

Property Features

  • Land Size : 620.00 m2
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Property ID: 3464271

Allen Reece

Allen Reece

0409 814 400

Location map for 4 Turana Parade North Lambton

Contact Office

Reece Realty Newcastle

22 Blue Gum Road

JESMOND 2299

T 02 4950 2025

F 02 4950 2024

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.