This is a five bedroom, three bathroom home located in the investor hub of Newcastle University. These properties are popular with students who like to have stable accommodation during their degree term, including this property that is furnished and fully tenanted.

Recent improvements to this home include updated kitchen, bathroom, ensuite addition & laundry/bathroom giving tenants a comfortably serviceable environment well suited to share accommodation.

The galley kitchen offers modern appliances plus ample cupboard and bench space. Combined living and dining with ceiling fans features glass sliding doors opening to a large 6 meter back deck.

The contemporary main bathroom offers shower over bath, vanity and toilet plus the renovated bathroom/laundry with an extra shower and toilet.

Roomy bedroom one includes a built-in robe, ceiling fan and the ensuite. Bedroom two is generous in size with built in wardrobe and ceiling fan. Bedrooms three and four have built in wardrobes and ceiling fans and bedroom five has a ceiling fan.

Renting at a gross of $880 per week makes this an excellent investment.
Positioned forward and left with side driveway & vehicle access to the back on this 632 m2 block allows space for further development of a complying 60 m2 granny flat. These granny flats are renting at $600 to $650 per week.

Take the opportunity to capitalise on the holding income and future potential returns available.

For more information on this property contact exclusive listing agent Allen Reece on 0409 814 400 or email the sales department at sales@reecerealty.com.au