This is the perfect opportunity to secure a dual income investment. Boasting a current total return of $650.00 per week that is approximately a rental yield of 5.25%, properties like these don’t present themselves often.
The front house consists of 4 bedrooms, separate lounge and dining rooms, tidy kitchen and bathroom with shower over bath and separate wc and single carport plus storage shed.
The rear house offers 2 generous bedrooms both with built ins, a spacious light filled living area, modern bathroom and kitchen with ample bench and cupboard space, storage shed and private covered patio.
All within walking distance to local shops and Gateshead West infant school and only a few minutes drive to public primary and high schools, Charlestown CBD and sporting fields.
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R&H Suburb Summary | Houses |
---|---|
Number of sales | 46 |
Average Price | $664,267 |
Median Price | $670,617 |
Median Rental Price | $480 p.w. |
Change in Rental Rate (5yr) | 37 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 3 |
Average Price | $614,000 |
Median Rental Price | $300 p.w. |
23 Hickory Road, Gateshead,
New South Wales, 2290