67 University Drive, Waratah West NSW 2298

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