Gateshead 10 Box Place

OWNER SAYS SELL!!!! This unique offering possesses very generous returns in an entry level suburb. Possessing two separate income streams with a collective current return of $650 per week. The front home consists of a spacious 3 bedroom residence with street frontage and ample off street parking and garaging with level fully fenced yard. Opportunity exists to further improve return potential with some minor cosmetic make overs. Secondary income is delivered via a NEW brick and tile granny flat located in the rear of the property. All of which sit in a quiet cul-de-sac location.

Conveniently located to:-
Charlestown Square shopping Centre Lake Macquarie Fair Shopping CentreLake Macquarie Foreshore Redhead BeachVarious schooling options including Hunter Sports High, St Marys Catholic CollegeLake Macquarie Private HospitalNewcastle inner city by-pass
Granny flat includes:
2 bedroom Brick veneer granny flat
Separate address, entrance, electricity, water & NBN
Completely fenced off
Solar hot water system
Split-air conditioner
User friendly yard
Garden shed
Rain water tank with pump

House includes:
2 large living areas and separate dining space
Updated kitchen
Freshly painted interior
Recently painted roof
Wardrobes in all bedrooms
New blinds
New split-air conditioner
2nd toilet

Astute investors should apply, in addition to owner occupiers wanting an ancillary income stream.

Zoning: R2 Low Density Residential
Land Area: 626sqm approx.
Council: Lake Macquarie City Council
Land Rates: 2086pa approx
Water Rates: $785pa approx
Current Rent: $650p/w

At open house inspections you will be expected to -
Produce proof of either: o Upload of COVIDSafe App;
o Driver's licence.
Wait until instructed to enter;Use hand sanitiser;Exit via back door (if possible);Maintain 1.5m social distance;Remain in family groups at all timesPlease -
Don't enter if you are unwell;Don't enter if you have come in contact with a known COVID-19 case in past 14 days;Don't Touch anything.

Property Information

• Land area approx 626sqm

Property Features

• Garages 1