Family Home with Potential Income

All the hard work here is done, your only job is to watch your investment grow!

This property features two homes, with dual street frontage, on one Title.

The first property has been fully renovated, featuring 3 bedrooms, all with mirrored built in robes and ceiling fans. Two brand new bathrooms, one being an en-suite off the main bedroom. Two living areas, one with an office nook. There is an immaculate new kitchen with stone bench tops, breakfast bar and dual ovens. The living/dining area opens onto a large entertaining deck with down-lights and ceiling fans, overlooking the fully fenced backyard with large lockable storage area. There is an adjoining gate linking both homes, if you choose, or you can have it permanently locked. Ducted air conditioning throughout the home for complete comfort.

The second of the two homes, fronts Beeson St, known as 15 Beeson St Cardiff South. This near new 2 bedroom home features open plan kitchen, dining and living, built in robes and ceiling fans.

These homes are walking distance to Cardiff South Public School, Ulinga Sports Complex, consisting of soccer fields, tennis courts, netball courts, kids playground and public transport, all within 100m. Cardiff High School is a short walk as are the local corner shops.

Cardiff South is a sought after suburb in Lake Macquarie, where just a short drive takes you to the lakes edge at Warners Bay or the Shopping and Entertainment precincts of Charlestown, Glendale and Kotara.

Achievable rental income for the entire property is $890-$920 per week. Achievable rental income for the 2 bedroom home is $360-$370 per week and the larger home is $530-$550 per week. Or you could set up extended family using the second dwelling for grandparents/older children or lease one and live in the other to subsidise your mortgage. Maybe you want to downsize and live in the smaller dwelling and lease the larger one. The options are many, to suit your needs.

-Potential Return on Investment $47,840 PA
-Two homes on one Title – separately metered
-Dual street Frontage
-Near new 2 bedroom home (October 2019)
-Renovated 3 bedroom home (June 2019)
-3 Bedrooms with custom built-in robes and ceiling fans
-2 Bathrooms (ensuite off main)
-2 Living Areas (including office nook)
-Brand New Kitchen, stone bench tops, dual ‘Ilve’ ovens and appliances, dishwasher, step in pantry and roller shutter appliance cupboard
-Ducted ‘Daikin’ Air Conditioning with zone control
-Laminate/Hybrid Flooring
-Insulated roofing
-New hardwood front deck
-New hardwood rear entertaining deck with ceiling fans
-Large, lockable storage areas
-150m to Cardiff South Public School
-700m to Cardiff High School
-150m to Ulinga Sports Complex
-300m to Cardiff South Shops
-150m to bus and 1.5k to train transport
-1.9k to Warners Bay
-2.8k to Charlestown Square

Inspect by private appointment or request a virtual tour today.

Disclaimer: The Real Estate Agent, Newcastle Property Investors, declares interest in the sale of this home. We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

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