Sold
4/94 Michael Street,
Jesmond 2299, New South Wales
$605,000
Property details
-
Agents
A Smart Move in a Consistently High-Demand Area
Currently tenanted on a periodic lease, the property returns $490 per week, increasing to $550 per week from 26 May 2026, offering immediate income with built-in growth potential. The flexible lease arrangement also provides options moving forward.
The layout is practical and easy to maintain, featuring separate living and dining areas, a central kitchen, two well-sized bedrooms with built-in robes, and a single garage with adjoining laundry and additional WC.
Jesmond continues to be a highly sought-after suburb, particularly due to its proximity to the University of Newcastle, as well as major medical facilities including John Hunter Hospital and Mater Hospital Newcastle. Residents also benefit from nearby retail at Stockland Jesmond, along with strong public transport links and easy access to the Newcastle CBD, making it a consistently popular location.
Key features:
• Two bedrooms with built-in robes
• Separate living and dining spaces
• Functional kitchen layout
• Single garage with laundry and second WC
• Currently tenanted on a periodic lease
• Rent $490 per week, increasing to $550 per week from 26 May 2026
• Strata Rates approx. $876 per quarter
• Council Rates $455 per quarter
Don't miss out on this opportunity in a consistently high-demand location.
Keep an eye out for scheduled viewing times, or for further information, please feel free to call me on 0406 242 784 or email me at jackson.manning@raywhite.com
Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Explore the area
School catchments
- Jesmond Public School Primary K-6 Government 0.19km
- Callaghan College Jesmond Senior Campus Secondary 11-12 Government 0.33km
- Heaton Public School Primary K-6 Government 0.56km
- St John's Primary School Primary K-6 Catholic 1.0km
- Lambton Public School Primary K-6 Government 1.0km
- Our Lady of Victories Primary School Primary K-6 Catholic 1.8km
- Waratah West Public School Primary K-6 Government 1.9km
- Waratah Public School Primary P-6 Government 2.4km
- St Philip's Christian College - Waratah Combined K-12 Independent 2.4km
- Wallsend Public School Primary K-6 Government 2.4km
- Corpus Christi Primary School Primary K-6 Catholic 2.5km
- Shortland Public School Primary K-6 Government 2.6km
- New Lambton Public School Primary K-6 Government 2.6km
- Wallsend South Public School Primary K-6 Government 2.7km
- Lambton High School Secondary 7-12 Government 2.8km
- Plattsburg Public School Primary K-6 Government 2.8km
- Callaghan College Wallsend Campus Secondary 7-10 Government 2.9km
- St Therese's Primary School Primary K-6 Catholic 2.9km
- Callaghan College Waratah Campus Secondary 7-10 Government 3.0km
- Awabakal Environmental Education Centre Combined Government 3.1km
- Hunter School of Performing Arts Combined K-12 Government 3.6km
- Trinity Catholic College Secondary 7-11 Catholic 4.1km
- Hunter Christian School Combined K-12 Independent 4.1km
- San Clemente Catholic College Secondary 7-10 Catholic 4.4km
- Merewether High School Secondary 7-12 Government 4.5km
- Newcastle Waldorf School Combined K-12 Independent 4.5km
- Macquarie College Combined K-12 Independent 4.7km
- Kotara High School Secondary 7-12 Government 4.8km
- Glendale Technology High School Secondary 7-12 Government 5.6km
Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.
Find out how much home loan repayments will be
It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.
Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.
Photos
Floorplan
Contact Jackson Manning
Contact Jackson Manning
Jackson Manning
4/94 Michael Street, Jesmond NSW 2299
Request a callback
Jackson Manning
4/94 Michael Street, Jesmond NSW 2299