Block of Units + Commercial PremisesRare and exciting opportunity in CBD location
Fantastic opportunities like this are very rare indeed. Contact Paul ASAP if you have any interest in this unique listing!
Located on Station Street, Waratah this is your opportunity to acquire 6 incomes streams in one set and forget purchase. Nestled just a short walk to Waratah Station, Waratah Village Shopping Centre and close to the city and University, this building represents the opportunity for investors to achieve both a positive cashflow and guaranteed capital growth in a popular suburban strip.
The building consists of 4 residential apartments with 2 commercial shops / office suites on street level. With annual returns of $100k+ pa with room for even greater returns. This low risk, highly sought after investment property may have potential to be strata titled and be sold individually (STCA).
Property Features include:
•2 x 1 bedroom apartments
•2 x 2 bedroom apartments
•4 x garages with remote access
•2 x Commercial spaces at street level
•Close to arterial roads, shops, pubs, University and schools
•Walking distance to public transport (rail and bus)
•Non metered parking
•Rates $1,295 / Qtr;
•Water $1,050 / Qtr approx.
•Bin Service $1,711 pa
Guiding: $1,500,000 to $1,650,000 (6.1% to 6.7% ROI)
Be quick to grab your opportunity to join a popular suburban strip only 5km from the centre of Newcastle.
Sound interesting; give Paul a Call on 0425 392 985. But Hurry!