Mount Hutton 5 Ford Avenue
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$500,000
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Dual Income - Returning 5.95%
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Currently offering two separate income streams with a collective rent return of $630/wk. Upstairs contains 3 generous bedrooms, two separate living spaces plus 2nd wc with a rent return of $350/wk. Downstairs possesses modern kitchen, tiled flooring and a return of $280/week. Both possess single garaging with internal access. Absolute convenience with village shops directly opposite and easy stroll to neighbouring Lake Macquarie Fair shopping centre & Aldi also close by. Minutes to Warners Bay Foreshore, convenient to local schooling & transport as well. Providing 5.95% gross return with opportunity to hedge return with the multiple occupancy. Alternatively first home buyers looking at subsidise repayments with the bonus income potential.
Land Size: 578sqm
Council: Lake Macquarie
Zoning: R2 Low Density Residential
Council Rates: $2015pa approx
Water Rates: $712pa approx
Property Information
- Land area approx 578sqm
Property Features
- Garages 2
Local Information Mount Hutton
Education
Nearest Government Schools
- Mount Hutton Public School
- Windale Public School
- Warners Bay Public School
- Hunter Sports High School
- Wiripaang Public School
- Warners Bay High School
Nearest Private Schools
- St Pius X Primary School
- St Mary's Primary School
- St Mary's Catholic College
- St Paul's Primary School
- St Joseph's Primary School
- St Kevin's Primary School
Local Amenities
Parks
- Bahloo Reserve
- Kurkullbah Reserve
- Allen Park
- Richard Allen Park
Sport and Recreation
- Eleebana Oval
- St John Oval
- Liles Oval
- Hillsborough Sports Centre
Services
- Warners Bay Post Office
- Charlestown Post Office