Auction Location: PRD Newcastle 2/16 Telford St, Newcastle East and Live via Auction Now Website
Unique and lucrative opportunity just 1 block from Darby Street! In the heritage area of Cooks Hill, loaded with charm and character with exposed brick walls, this 1870's semi-detached terrace has been split into dual living with a dwelling on each level. Each residence features 1 bedroom, 1 bathroom, kitchen with gas cooking and single drawer dishwasher, and open concept kitchen, dining and living. Enter the ground floor dwelling via the front door to an air-conditioned lounge, sash windows and a sunny, spacious paved courtyard. The back shed offers valuable storage and laundry.
The upper-level residence has side access with back door entry via the sunny balcony. The balcony has an outdoor laundry with a small sink and cupboard to tuck away the washing machine, with bench space to sit a BBQ on. French doors lead inside, where the bathroom offers shower over bathtub and stairs lead to the stunning loft bedroom with polished floorboards, unique brick feature wall, vaulted ceiling and cupboard doors concealing extensive roof storage. Floor to ceiling French doors lead from the lounge out to a cosy front balcony.
The property is incredibly low-maintenance and offers fantastic rental return potential from young professionals and students eager to rent in Cooks Hill with its eclectic, cool vibe and proximity to Darby Street restaurants, cafes, bars and shops. You could live in one and rent the other or use both levels as an incredible 2-bedroom home – it's entirely up to you. Stroll to the beach, harbour or CBD, or jump on the light rail into town or to the Wickham interchange for public transport to the greater Newcastle region. In this area, it's a solid risk-free investment.
• Just 1 street back from Darby Street and its cafes, restaurants, pubs and shops
• Walk to the beach, harbour, CBD or light rail
• 1870's charm and character
• Dual living, each level has 1 bedroom, bathroom, and open kitchen, lounge & dining with single drawer dishwasher and gas cooking
• Ground floor has front door entrance, A/C, paved courtyard, combined laundry and storage shed
• Top floor has incredible loft bedroom with roof storage, front and back balcony, bathtub, and laundry on back deck
• Fantastic rental opportunity
Outgoings:
Council Rates: $2360 approx. per annum
Water Rates: $736.62 approx. per annum
This property is being sold under the Online Auction System.
An independent building and pest report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction: see each report for details.
Flexible deposit and settlement conditions are also available by negotiation with the agent if required.
Offers can also be made prior to auction and each offer will be assessed on its merits.
Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website.
**Health & Safety Measures are in Place for Open Homes & All Private Inspections
**All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property
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