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Overview
This stylish two-bedroom unit, positioned conveniently on the second floor, offers a superb blend of comfort and investment value in a prime Jesmond locale. Its proximity to the University, local shops, and public transport positions it as a desirable choice for both investors seeking rental yield and owner-occupiers planning ahead.
The property boasts a well-lit open plan living and dining area that enhances the sense of space and connectivity. The modern kitchen is fully equipped with appliances, supporting efficient meal preparation. Comfort is assured year-round with reverse cycle air conditioning.
- Two generously sized bedrooms, each with built-in wardrobes, provide ample storage and personal space.
- A contemporary bathroom offers a fresh, functional design.
- An internal European-style laundry, complete with washing machine and dryer, maximizes convenience.
- Two private balconies extend the living space outdoors, perfect for relaxation or entertaining.
- The unit includes a designated off-street parking space, a valuable asset in a sought-after area.
Currently leased until November 2026 at $560 per week, it delivers immediate rental income with a reliable tenant in place. This low-maintenance apartment presents a compelling option for a range of buyers, particularly those seeking a solid investment or a future home in a vibrant community.
Local Market Insights
In Jesmond, Quiet Listings observed 6 new units entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $572,500. The property type mix of listed properties is predominantly Houses at 53%, followed by units (40%), and villas (7%). Elders Real Estate was the most active agency in this area, representing 26.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Jesmond NSW 2299
Market Insights for Jesmond NSW 2299
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