Property description
Attention all investors and DIY enthusiasts!
This property presents a fantastic opportunity to create immediate equity. While it requires some renovation, it includes a 2-bedroom flatlet that generates income, as well as adjacent vacant land ideal for developing additional rental units.
The main house features a spacious lounge with a functional fireplace, a dining room, a kitchen, and 2 bedrooms with built-in cupboards. The income-generating flatlet offers 2 bedrooms, a bathroom, and a kitchen area. Set on a generous 990 square meter plot, the property is divided by palisade fencing, allowing for the development of rental units separate from the main residence.
Don’t miss out! Contact me today to arrange a private viewing.
- Flatlet
- Freehold
- Pets Allowed
- Flooring: Tiles
- Walling: Precast
Location rating
Nearby Transport
Nearby Education
Nearby Other
Request property details from Harcourts Newcastle
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Repayment Costs
Monthly Total
Mortgage
Purchase price
Deposit 10%
RPayment term
20 yearsInterest rate
11.5%Your payment
R / mo.
