Mount Hutton 5 Ford Avenue

Currently offering two separate income streams with a collective rent return of $630/wk. Upstairs contains 3 generous bedrooms, two separate living spaces plus 2nd wc with a rent return of $350/wk. Downstairs possesses modern kitchen, tiled flooring and a return of $280/week. Both possess single garaging with internal access. Absolute convenience with village shops directly opposite and easy stroll to neighbouring Lake Macquarie Fair shopping centre & Aldi also close by. Minutes to Warners Bay Foreshore, convenient to local schooling & transport as well. Providing 5.95% gross return with opportunity to hedge return with the multiple occupancy. Alternatively first home buyers looking at subsidise repayments with the bonus income potential.

Land Size: 578sqm
Council: Lake Macquarie
Zoning: R2 Low Density Residential
Council Rates: $2015pa approx
Water Rates: $712pa approx

Property Information

• Land area approx 578sqm

Property Features

• Garages 2