308 Newcastle Road, North Lambton

Price Guide: $600,000 - $650,000

4

Bed

3

Bath

Attention Investors!

Looking for a property dead smack in the middle of everything?

Leased until March 2022, this property presents multiple options for the new owner; move in and make it your own, continue with the current excellent tenants beyond March next year or rent the property by room to really boost your return.

Located only 6km to the heart of Newcastle, close to public transport and a few minutes to the University and John Hunter Hospital. This prime main road position provides good on-street parking, easy access to Lambton's village Town Centre or major shopping at Jesmond's Stockland Mall.

This is a great property to get into the market or to add it your portfolio - it's sure to always be popular with Uni students or hospital workers or even City workers without cars needing ready access to public transport. If you're looking to be self sufficient the huge backyard with natural spring water and fertile soil would make an ideal market garden!

This property has 4 bedrooms, two downstairs and two upstairs. The two upstairs rooms have en-suites and there is another bathroom downstairs. Other features include a neat and tidy functional kitchen, a central living room plus an outdoor under cover living area. This property also has massive backyard complete with pergola for those Summer-time barbeques and parties.

Property Features include:
-Four beds, two with en-suites
-Modern well presented kitchen
-Neat & tidy functional main bathroom
-Central Living area
-Undercover entertaining area
- Leased to excellent tenants until March 2022 (at $430pw)
-Rental Potential of $720 -$740 (if rented by room)
-Close to Uni, Hospital, CBD
-Transport at door
-Large 598 sqm block

This property is available to view by appointment only. For more information contact Paul Hartgers on 0425 392 985.

* Health & Safety Measures are in Place for Open Homes & All Private Inspections
* All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

Key Features:

Ensuite Deck Reverse Cycle Air Con

4

Bed

3

Bath

For Sale

Land Size: 598m2
Water Rates: $1,072pa + usage (Approx)
Council Rates: $1,715pa

Enquire

Similar Listings