Gateshead 14 And 14A Church Street

Rarely are two dwellings offered on one title. This highly sought after investment opportunity may suit investors, first home buyers who are keen on a passive income to help pay the mortgage or even those needing to accommodate multi-generations.

The recently renovated house includes new kitchen, 3 bedrooms with built-ins & ceiling fans, lounge room, second w/c and private grassed backyard with lock up garden shed. Rent potential for the house is approximately $560p/w.

Currently rented for $390p/w and built in 2018, the granny flat includes 2 bedrooms with built-ins & ceiling fans, open plan living with kitchen, combined laundry/bathroom and single carport. The lease for this property expires on 31st January 2024.

The property is located less than 1.5km from major shopping centres such as Charlestown Square and Lake Fair. Also, within 4km are the shores of Lake Macquarie and Dudley Beach. Currently zoned for Wiripaang Public and Hunter Sports High Schools.

With an estimated market rent return of up to $950p/w across the two dwellings (lawn maintenance included) this is an opportunity not to be missed. Register your interest today!

PEST AND BUILDING REPORT AVAILABLE.
Zoning: R2 Low Density Residential
Land Area: 638sqm approx
Council: Lake Macquarie
Water Rates: $768pa approx
Council Rates: $2365pa approx

IMPORTANT INFORMATION ABOUT AUCTIONS –
We welcome you to bid on-site or on-line.
All registrations need to be completed prior to the auction and require approval. Please allow sufficient time for the registration process.
Register via this link.. buy.realtair.com/properties/110580
Call 02 4943 6333 if you require assistance.

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.

Property Information

• Land area approx 638sqm

Property Features

• Carports 1
• Air Conditioning