Mahere Papa
This corner positioned property next to Newcastle University has consistently performed as a student accommodation property. With a return of $940 per week this is an opportunity well worth consideration.
The home is an aluminium clad for low maintenance with tile roof and set on piers giving easy access for maintenance.
There are six bedrooms in the home with built in wardrobes, ceiling fans and furniture suitable for students in each. Living area is at the front with ceiling fan and a pleasant northerly aspect.
Kitchen design is practical and durable with stainless steel benches and splash back. Generous cupboard space and breakfast bar cater well for share accommodation needs. Off the kitchen is a pleasant dining area with large windows allowing for plenty of natural light and fresh air.
There are two full size bathrooms that have been updated to suit the tenants needs.
If you have been looking for a property with further value add then this site deserves a look. Set on two titles, with an option to also purchase next door with three titles, giving a total of five titles creating future opportunities.
For more information contact exclusive listing agent Allen Reece on 0409 814 400 or email [email protected]
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.42 km | 3 | 1 | -m2 | 2024 12 22 | $645,000 | Council approved | |
 | 0.45 km | 5 | 3 | -m2 | 2024 10 17 | - | Council approved | |
 | 0.06 km | 4 | 2 | -m2 | 2024 09 05 | $775,000 | Council approved | |
 | 0.25 km | 3 | 2 | -m2 | 2024 08 08 | $795,000 | Council approved | |
 | 0.07 km | 3 | 1 | 97m2 | 2024 07 24 | $715,000 | Council approved |