Prized Opportunity For Savvy Investors
Featuring a brick and tile construction, with 8 bedrooms, 2 bathrooms, and a 907m2 block that slopes to the street, this property is geared towards reaping rewards with exceptional weekly rental returns as is, or developing as you see fit (subject to council approval).
Birmingham Gardens could possibly be one of the most convenient suburbs in Newcastle where quality rentals are in high demand.
With close proximity to Jesmond shopping centre, bus stops on the same street, and the University of Newcastle approximately 10-minutes' walk from the property, why not take advantage of the opportunity to expand your portfolio?
In addition to its high-yield potential and unbeatable location, the property is also free from mine subsidence - an increasingly rare and valuable asset in the area.
If developing is your objective, then the current rental income will be a great attribute in alleviating holding costs whilst you seek approvals from council.
Call us on 02 4958 8555 to book your inspection.