Waratah West 6 Queen Street
Dual Income Investment - Potential Return $1,120 per week & Just 2km from the University of Newcastle
Standing out amongst Waratah West's classic homes with its bold architect designed profile, there is much more than meets the eye to this highly versatile real estate prospect. With direct access at the rear to the university bike path, the 549sqm block features two freestanding, separately metred properties. Take advantage of the current layout and rewards of a dual income investment by continuing to rent out both or live in one whilst renting out the other. As far as convenience goes this property is a winner. Its handy location is literally a stone's throw from the University of Newcastle and the Calvary Mater Hospital, just 700m from Waratah Public school and has bus stops at the end of the street.
- Architect designed and just five years old makes this property a standout in the area
- Front house – Double storey 5 bedrooms, 2 bathrooms, Caesarstone kitchen, separate lounge and dining areas and alfresco entertaining deck
- Rear house – Single storey 2 bedrooms, combined bathroom/laundry, open plan layout with gas equipped kitchen and deck
- The whole block is surrounded by beautiful native gardens with bike path at the rear
- Currently returning a combined $835pw in rent with potential to return $1,120pw when fully leased at $160 per room
- 7km to the city centre and harbour
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Sold $695,000
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Property Information
- Land area approx 549sqm
- Council Rates $1736/year
- Water Rates $810/year
Property Features
- Uncovered Carspaces 2
Local Information Waratah West
- Government Schools
- Independent Schools
Combined
- Hunter School of Performing Arts
Primary
- Waratah West Public School
- Mayfield West Public School
- Waratah Public School
Secondary
- Callaghan College Waratah Technology Campus
- Callaghan College Jesmond Campus
- Lambton High School
Special
- Newcastle Senior School
- Newcastle Middle School
- Wetlands Environmental Education Centre
Combined
- St Philip's Christian College - Waratah
- Hunter Christian School
Primary
- Corpus Christi Primary School
- St John's Primary School
- St Columban's Primary School
Secondary
- St Francis Xavier's College, San Clemente campus
- San Clemente High School
- St Francis Xavier's College, St Pius X campus
Special
- Aspect Hunter School, Waratah West Satellite
- St Philip's Christian College DALE Young Parents
- St Philip's Christian College DALE