Mayfield 43 Vine Street
Readymade Investment of Two 3-Bedroom Villas on One Title
On a deep block of 538sqm, this great find offering two 3-bedroom homes on one title has proven its worth as a solid earner. A readymade investment currently returning a combined $700 per week, the villas are completely freestanding ensuring it's simple to rent out both or live in one while renting out the other and preserving the feeling of peace and privacy at home. There's also scope for the savvy buyer to sub-divide and sell separately. Both properties are in excellent condition each featuring open plan living, full bathrooms and a shared double carport. All of this within walking distance to San Clemente High school and Mayfield East Public, Mayfield's shops and cafes are close by and it's an easy 10-minute drive to the city, harbour and beaches.
- Two x 3-bedroom brick and tile villas on 538sqm block
- House one at the front has a tenant on lease returning $335 per week
- House two at the rear is slightly bigger and more modern returning $365 per week on an expired lease
- Both homes are air-conditioned, well presented and extremely low maintenance
- Each has a small courtyard garden area
- Instant access to Industrial Drive for an easy commute to town, the airport or Maitland
- 850m to Mayfield's thriving shopping and café strip on Maitland Road
- Council Rates are approximately $1918 per year
- Water Rates are approximately $728 per year
Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.
Sold $811,500
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Property Information
- Land area approx 538sqm
- Council Rates $1918.30/year
- Water Rates $729.00/year
Property Features
- Air Conditioning
- Built In Wardrobes
- Car Parking - Surface
- Carpeted
- Close to Schools
- Close to Shops
- Close to Transport
- Uncovered Carspaces 2
Local Information Mayfield
- Government Schools
- Independent Schools
Combined
- Hunter School of Performing Arts
Primary
- Mayfield East Public School
- Mayfield West Public School
- Tighes Hill Public School
Secondary
- Callaghan College Waratah Technology Campus
- Lambton High School
- Merewether High School
Special
- Newcastle Senior School
- Newcastle Middle School
- Wetlands Environmental Education Centre
Combined
- Hunter Christian School
- St Philip's Christian College - Waratah
Primary
- St Columban's Primary School
- Corpus Christi Primary School
- St John's Primary School
Secondary
- St Francis Xavier's College, San Clemente campus
- San Clemente High School
- St Francis Xavier's College
Special
- St Dominic's Centre
- St Philip's Christian College DALE Young Parents
- St Philip's Christian College DALE