41 University Drive
Waratah West

Contact agent for details


Property Features

Property ID: 3466020

Land Size
563.00 m2

Position Position Position

A must to be inspected, there is more on offer in this unique property than is possible to adequately describe. This has been an exceptionally high yield investment with two homes on the 563m2 site generating a weekly gross return of $1,870.00.

These properties sit opposite Newcastle University allowing easy access for students requiring the proximity of University facilities. For students without cars, public transport is available at the door, an attractive addition for those interested in seeing more of Newcastle than just the campus.

House 'A' is a five bedroom home with a spacious living area and stylish kitchen. In all five bedrooms there are built in wardrobes and ceiling fans. Two bathrooms each offer modern fixtures with a separate shower, WC and vanity. An internal laundry is centrally located for easy access. Kitchen and dining facilities are contemporary in design, open plan and low maintenance.

House 'B' has a larger footprint with six bedrooms, all with built-in wardrobes & ceiling fans. Two fresh bathrooms service this home and they also have an internal laundry plus a third W.C. Generous, open plan kitchen/dining & living areas are easy care & well designed for purpose.

Multiple options present themselves with the opportunity for earning a passive income from one dwelling whilst living in the other. An excellent investment option for any discerning investor, this property is managed by our experienced Student Accommodation Department on residential leases, taking the worry away for the day to day operations.

For further details on this exceptional investment contact leading Student Accommodation Specialists Reece Realty and speak to the sales team on 4950 2025