Fern Bay 16 Foxtail Street

Positioned in the growing suburb of Fern Bay, this home is perfect for investment as there is plenty of potential for capital growth in the coming years with shops and amenities being likely additions in the near future.

The current situation is also very strong, with good tenants in place and paying $510 a week under the current lease agreement.

The property features include:

Main bedroom with large walk-in robe and ensuite.Kitchen with Caesarstone benchtops, gas cooktop and European appliances.Open plan living and dining area with air-conditioning. Main bathroom with large bath, shower and vanity.Outdoor entertaining area with good size level yard.Double lock up garage with internal access.Operational hardwired alarm system.
The potential growth of the area is largely due to its ideal location, which is just a 20-minute drive to Newcastle CBD whilst also being in close proximity to Newcastle Airport, Newcastle Golf Club and Stockton Beach. In addition, the Seaside Estate in which the home is positioned is home to a number of parks, playgrounds, cycleways and trails to the beach; it is essentially a peaceful coastal town of its own.

Note: The property is currently leased for $510 per week with the tenancy agreement in place until 26 July 2019.

Water Rates: Approx. $250 p/q.
Council Rates: Approx. 410 p/q.
Community Levies: Approx. $30 p/q.

Property Features

• Garages 2