Portfolio Sale - Block of units - low maintenance villas on one title - short walk to Lake

Being offered for sale by In Room Auction as sale of Portfolio, this freestanding block of two villas on one title could be the opportunity you have been waiting for, either to add to or begin a quality real estate portfolio yourself with solid returns.

Rarely on offer, these single level villas are located only a short walk to Lake Macquarie and represent an excellent set and forget investment or look to subdivide STLCA to enhance value.

Each villa offers a large two bedroom configuration with built ins to both. Both villas feature an enormous modern kitchen, oversized internal laundry that accesses private courtyard, plus large living space that opens onto leafy verandah.

Features include:

• Solid brick and tile construction
• Spacious two bedroom layout
• Modern oversized kitchen
• Large internal laundry
• Dedicated double carport to each villa
• Potential to subdivide STLCA
• Gross rent return $44,200 per annum

Pest & Building Reports available.

To be sold by Auction In-Rooms on Wednesday 12th February at 1pm - The Mercure Hotel, 12 Steel Street Newcastle West.

For Info Pack with additional info including unit specifics, additional photos and related information email agent - view at scheduled times.

Outgoings
• Water: $382.81pq Approx.
• Council: $579.70pq
• Insurance $3,230.00 pa
• Yard Maintenance: $2,000.00 - Approx.

Current Rental Return
• $44,200 per annum

Explore the area

School catchments

Speers Point Public School Primary K-6 Government 0.75km
Lake Macquarie High School Secondary 7-12 Government 1.5km
Booragul Public School Primary K-6 Government 1.6km
Boolaroo Public School Primary K-6 Government 1.6km
Biddabah Public School Primary K-6 Government 1.6km
Teralba Public School Primary K-6 Government 1.8km
Booragul Primary School Primary Catholic 1.9km
St Paul's Catholic College Secondary 7-12 Catholic 2.0km
St Mary's Primary School Primary K-6 Catholic 2.6km
Warners Bay High School Secondary 7-12 Government 2.7km
Warners Bay Public School Primary K-6 Government 2.8km
Argenton Public School Primary K-6 Government 3.0km
Eleebana Public School Primary K-6 Government 3.3km
Fennell Bay Public School Primary K-6 Government 3.6km
Cardiff Public School Primary K-6 Government 3.8km
Cardiff South Public School Primary P-6 Government 4.0km
Mount Hutton Public School Primary K-6 Government 4.3km
Fassifern Public School Primary K-6 Government 4.4km
Cardiff High School Secondary 7-12 Government 4.5km
Glendale Technology High School Secondary 7-12 Government 4.7km
Charlton Christian College Combined K-12 Independent 4.7km
Newcastle Waldorf School Combined K-12 Independent 5.4km
Macquarie College Combined K-12 Independent 5.4km
Toronto High School Secondary 7-12 Government 6.3km
Hunter Sports High School Secondary 7-12 Government 6.6km
St Mary's Catholic College Secondary 7-12 Catholic 6.6km
West Wallsend High School Secondary 7-12 Government 7.2km
Belmont High School Secondary 7-12 Government 7.6km
Belmont Christian College Combined K-12 Independent 7.8km
Kotara High School Secondary 7-12 Government 7.9km

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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