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23 Lachlan Street,
Raymond Terrace 2324, New South Wales

4 bedrooms
2 bathrooms
2 car spaces
555m² land size
Duplex/Semi-detached

$850,000


Property details

Dual Occupancy Income Investment

This is potentially one of the smartest investment opportunities in the current market. This recently renovated duplex offers a convenient location that will always be popular with anyone looking to rent making for low vacancy rates, the position provides ease of access to the following -

• walking distance to shops, parks, kindergarten, both primary and high school and The Lakeside Tavern
• 20 minute* drive to Newcastle Airport
• 30 minutes* to the beaches of Nelson Bay or to the Newcastle CBD

Each unit offers 2 bedrooms, 1 bathroom, split system air conditioning an outdoor garden/storage shed surrounded by low maintenance gardens and lawn.

The astute investor can only benefit from the following -

• Two income streams
• Single Torrens title means one set of council rates
• Rental income in the range of $500 per week* per unit
• Recent refurbishment may offer significant tax depreciation opportunity
• Separately metered

Invest now, with the recent and continued growth within this region can only provide for a positive future.

*approximately

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