4/94 Michael Street
Jesmond, NSW 2299

Overview

A Smart Move in a Consistently High-Demand Area

Positioned in a well-connected pocket of Jesmond, this tidy two-bedroom villa offers an excellent opportunity for a variety of buyers, particularly those seeking a low-maintenance home in a highly convenient location.

The property is currently tenanted on a periodic lease, generating an income of $490 per week, which is set to increase to $550 per week from 26 May 2026. This arrangement provides immediate rental income with built-in growth potential and offers flexibility for future options.

The villa features a practical and easy-to-maintain layout, including separate living and dining areas, a central kitchen, two generously sized bedrooms with built-in robes, and a single garage that adjoins the laundry and an additional WC.

Jesmond remains a highly sought-after suburb due to its proximity to key amenities such as the University of Newcastle and major medical facilities including John Hunter Hospital and Mater Hospital Newcastle. Residents also enjoy convenient access to retail options at Stockland Jesmond, strong public transport links, and easy access to the Newcastle CBD, making this location consistently popular.

Key features of the property include:

• Two bedrooms with built-in robes
• Separate living and dining spaces
• Functional kitchen layout
• Single garage with laundry and second WC
• Currently tenanted on a periodic lease
• Rental income of $490 per week, increasing to $550 per week from 26 May 2026
• Strata fees approximately $876 per quarter

This is a valuable opportunity to secure a property in a consistently high-demand area. Prospective buyers are encouraged to monitor scheduled viewing times or seek further information through appropriate channels.

Disclaimer: The information provided has been obtained from sources believed to be reliable; however, its accuracy cannot be guaranteed. Buyers should conduct their own investigations to verify details.

Location