East Maitland 15/20-22 Molly Morgan Drive

Low-maintenance and conveniently located, this brick and tile townhouse makes for an ideal investment. Step out onto the front porch and the newly-renovated Stockland Green Hills is within your sights, only a 2-minute walk away. Within 500m is also Hunter Valley Grammar School and Maitland Private Hospital, making it a hub for retail, education and health. The townhouse is also a 1-minute drive from the New England Highway, allowing for a quick escape to the M1 as well as Maitland to the West and Newcastle to the East.

Currently rented for $300 a week, this investment represents a rental yield of approximately 5%.

In terms of the property itself, the features include:

Separate living, kitchen and dining.Split-system air-conditioning.Single lock-up garage.Front balcony.Laundry with extra toilet.Low maintenance courtyard.Under-stair storage.Both bedrooms with large mirrored built-ins.Bathroom with vanity, toilet and separate shower and bath.
With location, low-maintenance and a strong rental yield in mind, this represents a perfect opportunity for investors to enter the market in East Maitland in what is an exciting time for the area.

Strata Levies: $425 p/q.
Council Rates: $277 p/q.
Water Rates: $192.24 p/q.

**Current lease due to expire 18/11/18.

Property Features

• Garages 1