This is a six bedroom home with a certified three bedroom granny flat, its possible gross return on investment would be $1,600 per week.
In the main house there are six bedrooms, all with ceiling fans and furnished to accommodate students studying at Newcastle university. The master bedroom also has a built-in wardrobe.
There are two modern bathrooms in the house, each including a full size shower, vanity and W.C.
Kitchen facilities are centrally located and recently upgraded with generous cupboard and bench space. Living areas comprise of a lounge with reverse cycle air conditioning, separate dining zone and a back deck.
The recent addition of the granny flat enhances the positive income of this investment.
In the flat you will find three comfortable bedrooms, all with built in wardrobes and ceiling fans.
A clever use of space has the bathroom and laundry facilities combined. Open plan kitchen/living makes for a pleasant, roomy, light filled area.
There is also a tandem carport that would cover multiple vehicles and a large lock up shed.
If you have been looking for a smart high yield investment then this property is must to inspect,
positioned close to Newcastle University and major shopping facilities.
For more information on this high yield investment contact exclusive listing agent Allen Reece on 0409 814 400 or speak to the sales department on 4950 2025.