A unique & ready-to-go investment opportunity with an incredible return of $51,480 per annum or convert to a grand family home. This two storey home is complete with 4 single, self-contained units, each finished with kitchens, bathrooms & living/dining areas. A short walk to local shops, cafe's, ferry & other transport services to Newcastle CBD, the home is positioned with unbelievable potential.

Lower-level compromises of units 1 & 2, large in size, & separated by 2 entry points. Both units are fully equipped with laundry zones which flow seamlessly into the rear yard.

Level 2 is accessed from the West, with a stairway leading to units 3 & 4 with district outlooks and mirrored floorplans with a shared external laundry to the rear.

The property can also be accessed via the rear lane, with plenty of off-street parking available for vehicles or suitable to store the larger items.

FEATURES:

- 4 self-contained units including 4 bedrooms, 4 bathrooms & 4 kitchens.
- Rear lane access
- Off-street parking
- Large rear yard
- Shared laundry for Unit 3 & 4
- Unit 1 & 2 include separate laundry areas.
- Currently tenanted & returning $51,480 per annum.
- Situated just metres from the heart of the suburb.

Disclaimer: The information provided by Creative Property Co. on any marketing material is for general informational and educational purposes only. All information is provided in good faith and is believed to be accurate, however, Creative Property Co. will not be held liable regarding the accuracy, validity, availability of any information expressed or implied. Accordingly, before taking any actions based upon such information, we encourage you to consult with the appropriate professionals. Photos have been edited for marketing purposes.