The Property Investors Dream

Two homes on one title!

This is a great opportunity for the savvy investor or large and extended families. Add this property to your portfolio and gain an achievable rental income of $880-$900 per week. The two homes are currently occupied by amazing, worry free, tenants who keep both homes well looked after. You could also set up extended family using the second dwelling for grandparents or 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.

The home fronting Crockett Street has undergone a complete renovation in early 2020. It features beautifully polished hardwood timber floors throughout. There are 3 bedrooms, two with mirrored built in robes. A brand new bathroom and laundry, including a second toilet. The kitchen is immaculate, with near new appliances and features a breakfast bar and dining room. There is a separate lounge room with reverse cycle air conditioning. It also has a fully fenced flat backyard.

The block is divided, with a second, 2 bedroom home built in mid 2020. This home is facing Beeson Street, Cardiff South. The property here is known as 19 Beeson Street and has completely separate access and street frontage. It features open plan kitchen and living with stone bench-tops, dishwasher and reverse cycle air conditioning and a driveway to off street car parking with room to store your boat/caravan.

Cardiff South is a sought after suburb with a lot to offer. This property is a short walk to Cardiff South Public School, Ulinga Sports Complex, Public transport, local shops and Cardiff High School. A short drive takes you to the foreshore of Lake Macquarie at Warners Bay, the Glendale shopping precinct, Westfield Kotara and Charlestown Square. The location of these homes is attractive to both home owners and property renters alike.

Alternatively, you can purchase these homes, vacant possession, ready to move in.

-Current total return on Investment $41,600 PA - potential return $46,800
-Currently leased to great tenants
-Two homes on one Title – separately metered
-Dual street frontage
-Near new 2 bedroom home (May 2020)
-Renovated 3 bedroom home (March 2020) including; New Kitchen New Bathroom New Laundry Custom made built in robes Beautifully polished hardwood Floors Reverse Cycle AC
-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

Private inspections are available, by appointment, or request a virtual inspection 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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