38 Kimian Avenue, Waratah West NSW 2298

Investing in Waratah West has rarely looked as rewarding as in the case of this lucrative 20 year investment property in a premium position Less than 200m from the University of Newcastle. Perfectly configured for the student lifestyle in an area popular with overseas and interstate scholars, the dual level residence currently returns an annual rental income of approximately $50,000 - a figure that reflects the complete convenience of the location, which also has the Calvary Mater Hospital within close proximity. Multi-generational living possibilities are also an option with highly regarded schools, shopping centres, parks and transport close by providing a comfortable lifestyle for all.

Smartly furnished and fresh interiors are designed over two levels showcasing two living areas, two kitchens, nine bedrooms and two bathrooms with two additional w/c and internal laundry. The 588sqm block features off-street parking for up to three vehicles as well as a north facing rear garden and barbecue area.

Well maintained brick and tile home on 588sqm north to rear parcel

Appealing to savvy investors or growing/multi-generational families

Two neat and tidy kitchens with electric cooking

All nine bedrooms are appointed with a desk, chair and built-in robe

Fuss-free backyard; driveway parking for two vehicles

Quiet street close to reserve and walking distance to the university

Contact your selling agent Rodney Goodwin today to secure your inspection or for further information, before this rare opportunity is sold.

*Agent declares interest.