Waratah West 67 University Drive
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
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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
- Ensuite 1
- Garages 2
Local Information Waratah West
- 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