On your marks, get set ….

Start getting your finance in place ready for the first open home – pop it on your radar and shortlist as it would make an ideal first home that you could also possibly rent out a few rooms to students as well for additional cash flow. This suburb is well known for being hot on the investors radar for high income/cash flow investment properties due to is close proximity to the University of Newcastle and Stockland Jesmond shopping centre.

Endless possibilities with options around a potential granny flat addition or large back shed, the property has rear lane access and backs onto the University bike track link. The dimensions of the block are: Approx. 13.7m frontage x 44m depth.

The home is neat and tidy with an existing tenancy in place but there is plenty of scope for further improvements to be made to capitalise on the growth in this desirable suburb. Chad’s favourite feature is the high ceilings and bonus that the buses stop a few doors down -not to mention the large children’s park /sporting field across the road and down a bit.

Currently the 4 bedroom home is leased at $315. per week and the sleepout is leased at $200. per week ( total return $515.00 per week)

Check out the Birds eye video on the websites via the video link or download the floorplan from the floor plan link

Contact the agent Chad Dunn for a copy of the contract of sale at chad.novocastrian@century21.com.au