Presenting 'Edith Lodge' to the market, this is a prime positioned three unit investment home directly opposite Waratah Hospital, within walking distance to Newcastle University and with the CBD and beaches only ten minutes away.

This has been a tasteful family home with high level architectural fixtures still in the property. Lead light bay windows, wide hallways with dado wall features, central dome lighting and large rooms just a few. With moderate renovations this property could be bought back to the elegance of an executive home. Original floor plan and historical features are still present on a 1,011 m2 block with double garage.

High yield investment is possible with the three excellent one bedroom units presently in place. Currently being rented short term taking advantage of the accommodation needs from Waratah hospital and proximity to public transport.

Entry to the home is from a large tiled balcony with wide welcoming stairs. Access individual units with their private keyed entry from the spacious hall.

Each unit offers a full size bathroom including quality fit out. Kitchens are large with generous cupboard and bench space. Bedrooms are separate and have built-in wardrobes. All units have air conditioning, fine floor coverings and good natural light.

This is a rarely seen opportunity in a prime position with investment return and family home options. Take advantage of the 1,011m2 block for further development opportunities subject to regulatory authorities.

For more information on this quality investment/home opportunity contact listing agent Allen Reece on 0409 814 400 or speak to the sales department on 02 4950 2025.