This outstanding ready-made investment has four excellent long-term tenants on lease until January 2015 and returns $720 per week. The 10 year old home offers good depreciation value and is located less than 15 minutes walk or five minutes drive to Newcastle University, the Mater Hospital and within easy walking distance to transport and Jesmond shops and park.
Impeccably presented and maintained to an exceptional standard, it features a flowing floorplan with a choice of two appealing living areas extending outdoors to a deck and level backyard. The spacious kitchen features gas cooking and dishwasher and there is a family bathroom with separate w/c, a double garage with internal access and four generously proportioned bedrooms - three with built-in robes plus one with walk-in robe and ensuite.
Other highlights include air-conditioning, gas heating and security system.
Set on a level 613sqm allotment, this fabulous investment could easily be converted to add a fifth bedroom (STCA) to increase rental return. Current rents include electricity, Internet usage and Foxtel.
* Ten year old single level brick home 613sqm allotment
* Superb ready-made investment minutes to Newcastle University and Mater Hospital
* Four long-term tenants on lease until January 2015. Returning $720 per week
* Impeccably presented with two living areas extending outdoors to deck
* Spacious kitchen featuring dishwasher and gas cooktop
* Four bedrooms; three with built-in robes, one with walk-in robe
* Family bathroom with separate w/c; ensuite to main bedroom
* Air-conditioning; gas heating and gas hot water
* Easy walk to Jesmond shops and park and good access to transport
What does Preview mean?
When PRDnationwide properties are listed for "Preview" it generally means that have just been listed and you are amongst the first buyers in the market to be exposed to the property.
The vendors may not have formally set a price guide for the property at this stage as they may wish to gain further feedback from the market before doing so. Often they are gaining further feedback from the market to ensure they are being realistic with their price guide to enhance the chance of a swift sale when they go to the full Public Media Launch
What is the price guide?
Your friendly PRDnationwide agent will generally be able to provide you with a rough price guide for the property during the preview stage of marketing and can always update you on the formal price guide once it is ready to be published if it is substantially different from the Preview guide. If you have received an e-brochure about this property as part of PRD's Red Alert system, it is likely to be in the price range you have previously specified to us.
Can I buy a property during the Preview stage of marketing?
Absolutely! In fact up to 20% of PRDnationwide's properties sell in the Preview stage of marketing, often to the exclusive members of the PRD Red Alert buyer database.(register at www.prdnewcastle.com.au/red-alert? )
To give the best chance of securing a property before it makes it to the full Public Media Launch it is advised to offer towards the upper end of the pricing guide you have been given.
For a quick video informing buyers and sellers what PRDnationwide Previews are all about click here - http://tinyurl.com/cjelafr
Land Area: 613 sqm
Parking: 2 cars