DUAL INCOME INVESTMENT

Looking for an ideal investment or a smart way to live while earning rental income? This duplex situated in the sought after Lakeside area in Raymond Terrace is the way to go!

Both units boast 3 bedrooms, 1 bathroom, single garage and large backyard. This property offers flexibility for the new owners rent both, to live in one and rent the other or have older kids or family members live with you in their own space.

One unit is currently rented until June 2025 paying $540 per week and would love to stay on, with a potential total rental income of $1080 per week once both are leased.

Just 500m to Lakeside Tavern, foodworks and bakery, 5 minute drive to Woolworths and 20 minute drive to Newcastle Airport.

Whether you're a savvy investor or looking for a way to reduce living costs, this property is a must-see!

Council rates - $575 per quarter
Water rates - Approx $480 per quarter for both (The property does not have separate water meters)

*Agent declares interest*

Explore the area

School catchments

Grahamstown Public School Primary K-6 Government 0.50km
Irrawang High School Secondary 7-12 Government 1.3km
Irrawang Public School Primary P-6 Government 2.2km
St Brigid's Primary School Primary K-6 Catholic 3.2km
Raymond Terrace Public School Primary K-6 Government 3.9km
Hunter River High School Secondary 7-12 Government 5.1km
Medowie Christian School Combined K-12 Independent 6.9km
Millers Forest Public School Primary K-6 Government 7.2km
Medowie Public School Primary K-6 Government 7.3km
Medowie Catholic Primary School Primary Catholic 7.9km
Catherine McAuley Catholic College Secondary 7-12 Catholic 7.9km
Mount Kanwary Public School Primary K-6 Government 8.6km
Wirreanda Public School Primary K-6 Government 9.2km
Woodberry Public School Primary K-6 Government 10.9km
Seaham Public School Primary K-6 Government 11.9km
Francis Greenway High School Secondary 7-12 Government 11.9km
Salt Ash Public School Primary K-6 Government 12.0km
Tarro Public School Primary K-6 Government 12.2km
Our Lady of Lourdes Primary School Primary K-6 Catholic 12.4km
St Bede's Catholic College Secondary 7-12 Catholic 13.7km
Hunter Christian School Combined K-12 Independent 15.1km
Awabakal Environmental Education Centre Combined Government 15.2km
San Clemente Catholic College Secondary 7-10 Catholic 15.5km
Maitland Christian School Combined K-12 Independent 16.1km
Callaghan College Waratah Campus Secondary 7-10 Government 16.9km
OneSchool Global NSW - Maitland Combined 3-12 Independent 16.9km
St Philip's Christian College - Waratah Combined K-12 Independent 16.9km
Linuwel School Ltd Combined K-12 Independent 17.0km
Hunter Valley Grammar School Combined K-12 Independent 17.2km

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.

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