Introducing a fantastic investment opportunity in the vibrant suburb of Wallsend! This property presents a dual occupancy setup, featuring a spacious two-bedroom unit and a comfortable one-bedroom unit, both offering excellent rental potential.

One of the standout features of this property is the separate water and electricity metering for each unit, ensuring convenience and flexibility for both tenants and landlords. This arrangement allows for efficient tracking of utility consumption and ensures fair billing.

With a potential rental return of $700-$750 per week, this property promises a strong and steady income stream. Savvy investors will appreciate the appealing rental yield and the prospect of maximizing their returns.

Inside the units, you'll find a range of amenities that enhance the living experience. The bedrooms in both units are equipped with ceiling fans, providing a cool and comfortable environment during warm summer months. Additionally, reverse cycle air-conditioning systems have been installed in both units, ensuring year-round comfort regardless of the weather.

Recent renovations have added a fresh touch to the property, as it has been tastefully painted throughout. This update not only enhances the overall appeal of the units but also ensures a modern and inviting atmosphere for prospective tenants.

Location-wise, this property couldn't be more ideal. Situated within walking distance of Wallsend's vibrant amenities, residents will enjoy easy access to shops, cafes, restaurants, parks, and public transportation. This sought-after convenience ensures a desirable lifestyle for tenants and potentially attracts a wide range of prospective occupants.

Overall, this property offers an excellent investment opportunity, thanks to its dual occupancy configuration, separate utility metering, attractive rental return potential, and prime location. Don't miss out on this chance to add a promising asset to your portfolio.

- Two Separately metered units
- Reverse cycle A/C in living spaces
- Recently re-painted throughout
- Currently Leased for $655 until January 2024

Land size: Approx 462m2
Rates: Approx $474/qtr
Rent: $700 - $750