Two Houses on One Title

Two houses on a large block of approx 531m2. Located only 2 km to University of Newcastle Callaghan Campus, 650 metres to Jesmond Central Shopping, and 6 km to John Hunter Hospital.<br/><br/>Original House - owner occupied, 3 bedrooms, 2 bathrooms, new eat-in kitchen, separate formal living room, off street parking for 1 vehicle. Potential income $620 pw<br/><br/>Granny flat - Weatherboard & Iron construction, 3 bedrooms, 1 bathroom, off street parking for 4 vehicles. Current income $480pw. Lease expires 27 September, 2023<br/> <br/>Land Description: Lot 3 DP 156404 <br/>Land content: Approx. 531m2 <br/>Zoning: R3 Medium Density Residential<br/>Council Rates: $503.08 per quarter <br/>Potential Income: $56,264 pa (both dwellings)<br/><br/>