Large Corner Block Home Offers Plenty of Options and Potential
If you've been considering buying an investment, then why not buy two with the savvy purchase of this spacious five bedroom property currently configured as a 4-bedroom home and 1-bedroom flat. The flat is already tenanted giving you an instant income stream, while the corner block landholding also holds a wealth of future potential. With an elevated position on a road of just a few homes set behind lush greenery, you could almost be miles from anywhere, yet Charlestown Square and town centre are... [More]
Large Corner Block Home Offers Plenty of Options and Potential
If you've been considering buying an investment, then why not buy two with the savvy purchase of this spacious five bedroom property currently configured as a 4-bedroom home and 1-bedroom flat. The flat is already tenanted giving you an instant income stream, while the corner block landholding also holds a wealth of future potential. With an elevated position on a road of just a few homes set behind lush greenery, you could almost be miles from anywhere, yet Charlestown Square and town centre are little more than 1600m away.
The clever design of this two-for-one offering provides a range of options for the homeowner and investor alike. If you choose to live in one part of the home, the other part gives you the chance to earn at the same time, or the perfect space for grown children saving for their own home, ageing parents, or extended family. For the larger household, a few renovations could return this property to a five-bedroom home, or with two street frontages there is scope to hit the reset button and start again with a contemporary new dual occupancy (STCA).
This is a great base for families of all ages with Redhead Beach and Lake Macquarie close by for weekend fun. Medical staff at nearby Lake Macquarie Private Hospital will love the 600m stroll to work. And it's an easy 10 minute stroll for kids of all ages to get to school.
* Approx. 746sqm corner block, currently configured as two homes
* R2 low density residential zoning
* Four bedroom, two bathroom home with fresh décor and new carpet currently vacant
* One bedroom flat with tenant in place
* Approximate combined income when both tenanted $xxx pw
* Affordable option for large/blended family to convert back to five bedroom home
* 10 minute stroll to four different schools in Gateshead
Outgoings:
Water: $766 pa + usage*
Council: $2,177 pa*
For more about Thomas head to www.thomashook.com.au
(We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.) *Approximates only [Less]
