Overview

This property presents a unique opportunity for both home business and dual income potential, situated prominently on a main street with R3 medium density residential zoning. The investment potential is significant, featuring a spacious three-bedroom home alongside an attached one-bedroom flat, all within a vibrant lifestyle location.

The main dwelling has been recently updated and offers generous living spaces, while the flat provides a practical and versatile area, ideal for rental or personal use. The property includes two designated car spaces, ensuring convenience for residents and guests alike.

Key features of the property include:

• Open plan living area that enhances the sense of space and light.
• An updated kitchen equipped with modern appliances, perfect for culinary enthusiasts.
• A large laundry area and a bathroom located on the ground floor for easy access.
• Three robed bedrooms situated upstairs, providing privacy and comfort.
• A studio at the rear, which can serve as a home office or gym, offering flexibility to suit various lifestyles.
• Modern touches throughout the property, ensuring a fresh and inviting atmosphere.

Located within walking distance to Wallsend Village, residents can enjoy a variety of shopping and dining options. The proximity to the University of Newcastle makes it an attractive option for students, while easy access to arterial roads facilitates commuting to the city, motorway, or Hunter Valley. This area is known for its strong rental demand, making it a wise investment choice.

For investors, this property offers a dual-income return, with the main home currently rented for $620 per week to long-term tenants, while the flat generates an additional $340 per week. This low-maintenance property is designed for those seeking a rewarding investment opportunity.

With two car spaces available, off-street parking is hassle-free, making this property not only a smart investment but also a comfortable home.

Location