Swansea 18 Wallace Street

Spacious home suited to first home buyers or prospect for investors to generate dual income opportunity via a very versatile floor plate. The home has recently undergone renovations including freshly painted interiors, new floating floors & bathroom makeovers. Prior to restorations the property was returning $240 per week in the entry zone of the property which could present as either a 2 or 3 bedroom abode. The rear and upper level consists of 2 bedrooms and had a weekly return of $180 per week. With most recent scope of works completed resulting in potential to revise income yields. First home buyers would also benefit via the surprising size of the house available for the money. The home itself possesses spacious bedrooms with combinations of built-ins & walk-ins. Ornate features sprinkled throughout, side access to single garage plus carport. External multi-purpose space with a little extra attention could be ideal detached home office area. Fully fenced low maintenance block. Absolute convenience to Swansea CBD & Channel, Patrolled surfing beaches & boat ramp, all of which complement the lifestyle setting on offer.

Zoning: R3 Medium Density Residential
Land Area: 575sqm approx.
Council: Lake Macquarie
Land Rates: $1906pa approx.

Property Information

• Land area approx 575sqm

Property Features

• Carports 1
• Garages 1