15/20-22 Molly Morgan Drive East Maitland, 2323 NSW

Ideal Investment Opportunity

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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.

Sold $310,000

Inspect

Inspection of this property is available strictly by arrangement only.

Contact

Century 21 Novocastrian Novocastrian
155 Pacific Highway
Charlestown NSW 2290