Perfectly set up to maximise investment potential, this 6 bedroom property is extremely low maintenance, conveniently located and could offer exceptional ROI. Brick veneer & tile construction with large north facing courtyard means there is minimal on-going maintenance, and few long term costs to consider, perfect for minimising outgoings. This is also the case for the tiled lower floor & communal spaces, no replacing carpet or re-polishing floor boards. Being a new purpose built with an ensuite in each room, the rental return is higher than average given the low maintenance potential and sought after location.
This purpose built student accommodation is a solid AAA investment with high rental returns and strong capital growth ideal for the self-managed super fund, the astute investor or those wanting to taking advantage of the infrastructure investment by the state and federal governments associated with the John Hunter Hospital and University of Newcastle upgrades.
- Purpose built townhouse comprises 6 bedrooms, 5 bathrooms & multiple car spaces
- Ample tiled living space, open plan lower level kitchen with stainless appliances
- Fully furnished and in close proximity to University of Newcastle, transport & shops
- Low maintenance courtyard with off street parking
- All rooms currently leased with a combined income of $930 per week
Rates: Approx $359/qtr
Strata: Approx $793/qtr
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