395 Sandgate Road, Shortland NSW 2307

This property presents a unique investment opportunity by combining two separately tenanted residences on a substantial 885 square meter parcel in the desirable suburb of Shortland. Perfect for investors seeking to secure dual income streams, the property features a spacious main house with six bedrooms—including a separate study—providing versatile accommodation suitable for families or those needing extra workspace or guest rooms. The home's central bathroom, separate laundry, and additional toilet enhance daily convenience and functionality.

Aesthetic and practical updates boost the property’s appeal, with fresh exterior and partial interior painting, newly landscaped grounds, a fresh gravel driveway, and new front fencing with a lockable gate, ensuring secure and attractive curb appeal. Four off-street parking spaces nestled within the fully fenced grounds support ease of access and safety, while generous under-house storage in the main residence adds valuable utility.

Privately set towards the rear, a detached two-bedroom granny flat acts as the second rental income source. It offers its own bathroom, additional toilet, laundry facilities, and under-building storage, embodying independent and practical accommodation. Both residences enjoy private access and separately fenced backyards, providing occupants with individual outdoor spaces and a sense of privacy not commonly found in dual tenancy setups.

The large 22-meter frontage alongside the generous landholding offers not only established income potential but also flexibility for future use or development, subject to council regulations. This dual income asset is further enhanced by its strategic location close to the University of Newcastle's Callaghan campus, local schools, shops, hospitals, and ample public transport options. The proximity to Jesmond Central shopping and Newcastle’s employment hubs, as well as nearby beaches, compliments the suburb’s lifestyle benefits.

Ideal for investors aiming to diversify their rental portfolio with an income-producing asset available from day one, this property combines substantial size, practical dual residences, and location advantages in one package without compromising occupant privacy or comfort.

• Generous 885 sqm land area accommodating two separate residences
• Established dual income with rental potential between $1,120 and $1,200 per week
• Main residence offers six bedrooms including a study, central bathroom and separate laundry
• Detached two-bedroom granny flat with its own amenities
• Secure fenced grounds with four off-street parking spaces and lockable access
• Recent exterior and some interior refreshes coupled with landscaping improvements
• Separate fenced backyards for privacy and tenant independence
• Close to educational institutions, healthcare facilities, shopping centers, and transport links