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Waratah West 67 University Drive

Sold $560,000
5    2    2  

Excellent Investment Opportunity, Footsteps to the University

Conveniently located a stone's throw from the University of Newcastle and moments from the Mater Hospital, this single level property presents as a superb investment to add to your portfolio with all five bedrooms – one with ensuite – currently leased and receiving a return of $775 per week. It offers a single level of living with a large gas-equipped kitchen and original bathroom presenting future opportunities for a contemporary revamp, and, thanks to the generosity of the land and dual street access offers future granny flat, extension or development potential (STCA).

- Single level weatherboard and tile home on 569sqm parcel
- Ideal investment with proven rental returns of $775 per week
- Corner block with dual access from Stannett Street
- Off-street parking for up to three vehicles on concrete driveway
- Scope to update and add value
- Explore opportunities to extend, add a granny flat or dual occupancy (STCA)
- Positioned directly opposite the university and a short stroll to the Mater Hospital
- Council rates are approximately $1670 per year
- Water rates are approximately $872 per year

Sold
$560,000

5    2    2   House

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Property Information

  • Land area approx 569sqm
  • Council Rates $1670.00/year
  • Water Rates $872.00/year

Property Features

  • Air Conditioning
  • Carpeted
  • Close to Schools
  • Close to Shops
  • Close to Transport
  • Garages 2
  • Ensuite 1


Local Information Waratah West

Nearest Schools*
  • Government Schools
  • Independent Schools

Combined

  • Hunter School of Performing Arts

Primary

  • Waratah West Public School
  • Heaton Public School
  • Jesmond Public School

Secondary

  • Callaghan College Jesmond Campus
  • Callaghan College Waratah Technology Campus
  • Lambton High School

Special

  • Newcastle Middle School
  • Newcastle Senior School
  • Wetlands Environmental Education Centre

Combined

  • St Philip's Christian College - Waratah
  • Hunter Christian School

Primary

  • St John's Primary School
  • Our Lady of Victories Primary School
  • Corpus Christi Primary School

Secondary

  • St Francis Xavier's College, San Clemente campus
  • San Clemente High School
  • St Francis Xavier's College, St Pius X campus

Special

  • Aspect Hunter School, Waratah West Satellite
  • Margaret Jurd College
  • St Philip's Christian College DALE Young Parents
* Nearby schools are selected based on straight-line distance only.
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