13 University Drive, Waratah West NSW 2298

A ready-made income investment located a short walk away from the University of Newcastle offers a perfect opportunity for the astute investor.
This single level home is currently being offered as student accommodation, with each of its four bedrooms returning a combined $580 per week. Additional features of the user friendly floorplan are 2 separate bathrooms, sizable living spaces, internal laundry and a well-equipped kitchen. Resting on a 645sqm level block, the land size offers the potential to significantly increase the rental return by constructing a useful granny flat, subject to NCC approval.
Demand for student housing so close to the University is strong, with 1000's of both national and international students seeking accommodation within easy walking distance of lectures and classes whilst remaining in close proximity to the highlights of Newcastle and its surrounding suburbs.

If you are seeking an easy care investment offering a great return, this property is a must for you to inspect.

- Ready-made income investment
- Four bedrooms, each returning a minimum of $130 per week
- Land size offers the potential to increase rental return by the addition of a granny flat
- Low maintenance, easy care living
- Two bathrooms, well-equipped kitchen, sizable living spaces and internal laundry
- Double car garage with ample off street parking
- Sought after location, only a short walk to the university and in close proximity to parklands, shopping centres, transport and all other conveniences
- 15 minutes to Newcastle CBD and iconic beaches