Affordable Investment Opportunity!

14/230 Newcastle Road, Jesmond NSW 2299

Originally built in the 1970's & managed as an investment for our client for 16 years, this is an opportunity not to be missed!

Whether your looking to get in the market for the first time, or you already own other investments, this is the perfect buy for you! Being right on the doorstep of Jesmond Road, and the Newcastle Inner City By-Pass nearing completion at the end of 2025, you are in the perfect location for everything you need.

Currently tenanted & returning a weekly yield of $400 per week with the lease to expire on the 20/03/2024.

Being a top floor unit, & surrounded by well established trees, it is private & relatively quiet. The windows have been double glazed, which keeps noise levels down.

A genuine bedroom with built in wardrobes.

A good sized bathroom & combined laundry, you don't need to worry about sharing your laundry space.

A L- shaped living and dining room space, which connects to the well maintained Kitchen. The kitchen has a gas cooktop.

The unit also includes a covered car space.

Strata report is available to prospective buyers.

Council rates : $781 approx per quarter.
Water rates: $395 approx per quarter – including water usage.
Strata levies : $984 approx per quarter.
Rental return: $400 per week & tenant on a lease until 20/03/2025.

For more information please contact Michael Arnold 0419 295 661

Disclaimer: We have obtained all information from sources we believe to be reliable, however we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.