8 Forrest Street, Jesmond NSW 2299

Sometimes an opportunity comes onto the market that is worthy of further investigation and this property is one of those.

There is the main home which has excellent rental history. There are four bedrooms that are all a good size and come furnished for students.

The kitchen is modern in design and is complimented with a large dining sitting area. There is a formal lounge room with air conditioning which is central to the home for added comfort. Having two bathrooms is an added advantage giving convenience to the students.

With the sale of this property are council stamped DA plans for a two story four bedroom home with approval for this site to be a separate title when the second dwelling is completed.

All the hard work is done and ready for the astute buyer who wants income while doing the second dwelling. Advantages abound for this property with both homes having direct street access and a street vista making this a value add investment.

This exciting buying opportunity has full council approval, start the development now or hold for a while as the DA does not lapse until December 2019 and you can enjoy the steady income now.

To get more information on this exciting opportunity contact exclusive listing agent Allen Reece on 0409 814 400 or phone the sales department on 4950 2025