Opportunity abounds with a three title site for sale concurrently with the property next door with a further two titles, giving a land bank holding of five land titles. This weatherboard home with direct access to Newcastle University has five bedrooms and is currently a long term rental accommodation returning $820 per week.
The five bedrooms vary in size with three having built in wardrobes and one has a reverse cycle air conditioner. A spacious light filled kitchen affords views both to the front and rear yards and is accessed through a centrally located dining area. Storage is a plus in the kitchen with plentiful cupboard and open bench space.
The main bathroom with shower, vanity and toilet sits between bedrooms 1,2,3 at the front of the home. Laundry combined shower and WC is located at the rear of the property.
Set on a near level fenced 594m2 site with drive access from the front and rear allowing for generous off street car parking. With the prime position to Newcastle University, solid rental history and high yield returns combined with a three title site makes this a rare purchase.
For information on this property, and the two title site next door, please contact Allen Reece on 0409 814 400 or email [email protected]