17 Maitland Road, Mayfield East NSW 2304

Phone Enquiry ID: 231002

Secure an opportunity to buy into the fast-growing village of Mayfield East with this rare Mayfield gem comprising a 3 x 1-bedroom home (with car space) + totally separate 1 x 1-bedroom unit.

Proven impressive rental yields for the astute investor or live in one home and rent out the other, AirBNB it or development opportunity.

The entire property is zoned R4 residential high density in a part of Mayfield that has recently undergone significant development and transformation.

The supermarkets, cafes, pubs, TAFE, Mayfield East Public School, Dangar Park, bowling club and shops are all within walking distance - with a bus stop outside the front door en route to Islington, Hamilton and Newcastle City - and in the opposite direction - a short trip to the Mater Hospital and University of Newcastle.

Both residences are separately metered and modernised inside. There is an abundance of natural light, with potential to further renovate and make your own; provide extra space for extended family; or live in one and continue to rent with nothing to spend.

This property comes with choice and flexibility – with a guaranteed MASSIVE rental return – but also a wider range of opportunities to keep increasing value in the future.

Some features:

* Dual-income opportunity that can be used as a residence and/or investment
* Accommodation for extended family
* Each dwelling has a split air conditioning system with remote control plus ceiling fans in most rooms
* Zoned R4 and separately metered
* Bus stop at door, walking distance to all amenities
* Extraordinary rental return
About the 3-bedroom house:

* Recently tenanted (prior to renovation) at $670/week
* Median rent is $750 p/w
* Light and spacious, high ceilings and air conditioning
* New electrical wiring throughout and modern circuit board
* Renovated bathroom and kitchen
* Brand new luxe vinyl flooring and plush carpet
* Three bedrooms with private access from Tarin Lane
* Sunny, low maintenance back garden
* 1 car space with convenient side access via Tarin Lane
About the 1-bedder:

* Currently tenanted at $430/week
* Deceptively spacious with open plan living and raked ceilings, recently refreshed with white paint and new carpet
* Wide, separate entry way with solid front door that blocks out the noise of the outside world
* Full size electric kitchen with meals area linking to the living room
* Liberal size bedroom with walk-in robe
* Split-level bathroom with laundry
* Plenty of on-street parking
* Light, character-filled space perfect for Air BNB
Call Steve to find out more and arrange an inspection.