“Perfect Investment”Attention all investors! Looking for something with multiple income but don’t want to do any work yourself? This property contains three self-contained flats (2x 1 bedroom flats and 1x 2 bedroom flat) that have all been renovated. Electricity is separately metered however water is not.
The gross income of the property is $810 per week. Flat one is leased for $230 per week. Flat two is leased for $230 per week. Flat three is leased for $350 per week.
This is a great investment as the property is conveniently located. Just moments from the Wallsend shops and also easy access to the Newcastle Link Road.
Flat One consists of one bedroom, an ensuite with shower recess, open plan kitchen and living and private courtyard.
Flat Two consists of one bedroom, an ensuite with shower recess, open plan kitchen and living and private courtyard.
Flat Three is the biggest of the flats and consists of two bedrooms, open plan kitchen and living, bathroom combined with laundry and a generous sized courtyard.
VIEW BY APPOINTMENT ONLY. CONTACT AGENT FOR MORE INFORMATION.
- Council Rates approximately $1,460 per annum
- Water Rates approximately $1,500 per annum
Contact the office on (02) 4960 0499 for more information.
Dowling Mayfield are your local Real Estate experts. We have a large data base of clients, buyers and landlords, always looking for their next Real Estate purchase. If you have been thinking of selling, chances are we already have the buyer for your property. Please call us today on (02) 4960 0499 to receive specialist advice on your home or investment property.