Positioned in a prime investment area within close proximity to Newcastle University, Stockland Shopping Centre, John Hunter Hospital and public transport.
Currently set up as Two x two bedrooms units this property has plenty of potential to add further value and reap the rewards.
• Two x Two bedrooms units
• Flat 569m block of land in prime investment location
• Close proximity to several well regarding schools, major shopping centres and transport
• Easy access to Hunter expressway and pacific motorway
• Walking distance to Newcastle university
• Rental potential $500 per week in current condition
|R&H Suburb Summary||Houses|
|Number of sales||23|
|Median Rental Price||$350 p.w.|
|Change in Rental Rate (5yr)||-3 %|
|R&H Suburb Summary||Units|
|Number of sales||22|
|Median Rental Price||$360 p.w.|
|Change in Rental Rate (5yr)||20 %|