A rarity to find this single level 2 or 3 bedroom weatherboard home is nestled on a corner block with two street frontage currently used as an investment & returning a total income of $735 per week. (Lease expiry 16/01/2025)
The home is neat & tidy inside & out and features a lockup car garage & off street parking coming off Main Road. The property features a light filled sunroom & lounge room with timber flooring, high ceilings & reverse cycle air conditioner that opens off the spacious updated kitchen that boasts loads of bench & cupboard space, breakfast bar & dishwasher.
Both bedrooms are spacious, with the master featuring a ceiling fan for added comfort, there is also a small study or nursery that could be converted into a small third bedroom.
The bathroom is bright, neat and easily accessible from all areas & includes a shower over the bath + separate toilet for added convenience.
Step outside to the timber deck at the rear, ideal for barbecues or quiet afternoons overlooking your private backyard.
With a separate laundry for added convenience, this home combines practicality with charm, creating a perfect environment for couples, small families, or those looking to downsize without sacrificing space or ideal for an investor as it is currently returning $495 per week but could easily be increased to $510 per week once the lease has expired.
The property includes a double car garage facing Corden Street, this has been fenced off and is currently returning a rental income of $240 per week for storage. If you're looking for a home with room to have your big shed & a good sized yard then you can combine this area and convert it back into your residence or keep the dual income.
This property is also ideal to knock down the garage and build a granny flat as it has direct street access and granny flats in the area rent out in between $500 - $550 per week so this is a wonderful opportunity for the astute investor.
Land Size Approx. 616m2 with 20.2m Frontage & 30.2m Depth Land Rates Approx. $474 Per Quarter Water Rates Approx. $220 Per Quarter Currently Returning Approx. $735 Per Week
Centrally located with a short 700m walk to Edgeworth Heights Public School, 850mtrs to Edgeworth Shopping Centre with public transport readily available to whisk you off to Stockland Glendale, Costco, Newcastle and Hunter Valley.
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.
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