03-08 10:40 10:40-11:00
Rārangi Hou
Looking for an ideal investment or a smart way to live while earning rental income? This duplex situated in the sought after Lakeside area in Raymond Terrace is the way to go!
Both units boast 3 bedrooms, 1 bathroom, single garage and large backyard. This property offers flexibility for the new owners rent both, to live in one and rent the other or have older kids or family members live with you in their own space.
One unit is currently rented until June 2025 paying $540 per week and would love to stay on, with a potential total rental income of $1080 per week once both are leased.
Just 500m to Lakeside Tavern, foodworks and bakery, 5 minute drive to Woolworths and 20 minute drive to Newcastle Airport.
Whether you're a savvy investor or looking for a way to reduce living costs, this property is a must-see!
Council rates - $575 per quarter
Water rates - Approx $480 per quarter for both (The property does not have separate water meters)
*Agent declares interest*
Wāhi Tiriti | Tawhiti | Tau Rūma Moe | Tau Rūma Horoi | Rohe Whare | Wā Hokona | Utu Hokona | Pūtake Raraunga | |
|---|---|---|---|---|---|---|---|---|
 | 0.20 km | 2 | 1 | -m2 | 2025 02 09 | $435,000 | Council approved | |
 | 0.27 km | 3 | 1 | -m2 | 2025 02 06 | $510,000 | Council approved | |
 | 0.20 km | 2 | 1 | -m2 | 2024 12 01 | $430,000 | Council approved | |
 | 0.10 km | 3 | 1 | -m2 | 2024 11 24 | - | Council approved | |
 | 0.13 km | 4 | 2 | -m2 | 2024 11 19 | $727,500 | Council approved |