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Here is your opportunity to acquire the perfect investment property as this centrally located generously sized brick & tiled duplex, offers exceptional versatility, strong rental potential, and an enviable position close to all amenities. Whether you're an astute investor looking to maximize returns or a savvy buyer seeking to live in one and rent the other, this property delivers endless possibilities.
Unit 1 & Unit 2 are mirror imaged & both include:
3 spacious bedrooms, all with built-in wardrobes
The 3rd bedroom has been converted into a second living space in both units but could be easily converted back into a 3rd bedroom.
Open-plan living and dining area bathed in natural light & high ceilings.
Tidy kitchen with ample cupboard space and electric cooking & breakfast bar.
Neat and tidy bathroom with separate bath, shower, vanity & W/C.
Lockup car garage with rear laundry & second W/C.
Outdoor undercover area to enjoy a drink in the low maintenance yard.
A true surprise package these are deceptively large residences and the size will surprise.
Additional Highlights:
Land Size Approx. 549m2 with 29.1m Frontage & 17.6m Depth
Land Rates Approx. $615.40 Per Quarter
Water Rates Approx. $265.40 Per Quarter
Unit 1 Currently returning $480 Per Week - Lease expires 29/5/25
Unit 2 currently returning $465 Per Week - Lease expires 23/9/25
Potential rental return $550 Per Week if 2nd living is reverted back into a 3rd bedroom.
Both tenants have been long term tenants & would love to stay.
Close to local schools, shopping centres, parks, public transport, and essential services. Enjoy convenience at your doorstep with easy access to major roadways, train station, Lake Macquarie, everything is at your fingertips.
With demand for multi-living options on the rise, this property is a rare find in today's market. Whether you're looking to rent both units, occupy one while generating income from the other, or hold as a long-term investment, the options are endless.
Don't miss out on this exceptional opportunity to secure a dual-income property in a sought-after location. Enquire today to arrange a private inspection!
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
Disclaimer: All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy and act as a messenger only in passing on the details. Interested parties should rely on their own enquiries. Any personal information given to us during the course of the campaign will be kept on our database for follow up and to market other services and opportunities unless instructed in writing.