43 Albert Street, Speers Point, NSW 2284

Being offered for sale by In-Room Auction as part of sale of Portfolio, this freestanding block of five units on one title could be the opportunity you have been waiting for to add to or begin a quality real estate portfolio with solid returns opposite Lake Macquarie.

All units are spacious one bedrooms, with good size living and dining spaces, updated kitchens with plenty of cupboard space.

Located opposite Lake Macquarie with uninterrupted lake views, on a large 1,157 m2 R3 zoned block this rare offering screams development potential with a variety of options STLCA.

Literally opposite Lake Macquarie this impressive property must be seen.

Features include

? Five generous one bedroom units all with built ins

? Good sized living areas

? Updated kitchen and bathroom

? Separately metered for water and electricity

? Undercover parking at rear

? Large 1,157m2 block - approx 20mtrs by 60mtrs

? Uninterrupted Lake Macquarie views

? Gross return of $99,320 per annum

To be sold by Auction in Rooms on Wednesday 12th February at 1pm - The Mercure Hotel, 12 Steel Street Newcastle West.

Pest & Building Reports available.

For Info Pack with additional info including unit specifics and additional photos and related information email agent - view at scheduled times.

Outgoings

? Water: $1,528.26 pq - Approx.

? Council: $541.50 pq

? Insurance: $5,945.00 pa

? Yard Maintenance: $3,840.00 - Approx.

Current Rental Return

? $98,800 per annum