Block of Units + Commercial Premises

Rare and exciting opportunity in CBD location<br/><br/><br/>Fantastic opportunities like this are very rare indeed. Contact Paul ASAP if you have any interest in this unique listing!<br/><br/>Located on Station Street, Waratah this is your opportunity to acquire 6 incomes streams in one set and forget purchase. Nestled just a short walk to Waratah Station, Waratah Village Shopping Centre and close to the city and University, this building represents the opportunity for investors to achieve both a positive cashflow and guaranteed capital growth in a popular suburban strip.<br/><br/>The building consists of 4 residential apartments with 2 commercial shops / office suites on street level. With annual returns of $100k+ pa with room for even greater returns. This low risk, highly sought after investment property may have potential to be strata titled and be sold individually (STCA).<br/><br/><br/>Property Features include:<br/>• 2 x 1 bedroom apartments<br/>• 2 x 2 bedroom apartments<br/>• 4 x garages with remote access<br/>• 2 x Commercial spaces at street level<br/>• Air conditioned<br/>• Close to arterial roads, shops, pubs, University and schools<br/>• Walking distance to public transport (rail and bus)<br/>• Non metered parking<br/><br/>• Rates<br/>$1,295 / Qtr;<br/><br/>• Water $1,050 / Qtr approx.<br/>• Bin Service $1,711 pa<br/><br/>Guiding: $1,500,000 to $1,650,000 (6.1% to 6.7% ROI)<br/><br/><br/>Be quick to grab your opportunity to join a popular suburban strip only 5km from the centre of Newcastle.<br/><br/><br/>Sound interesting; give Paul a Call on 0425 392 985. But Hurry!