4 Kimian Avenue, Waratah West, NSW 2298
- 4
- 4
- 4
Sold
Sold for $1,180,000 (Dec 01, 2023)
Super Size Your Investment
Solid block of 4 x 1 bedroom, purposely built investment units, currently returning $65,000 per annum with secure leases in place from July through to September 2024. Situated on a generous block of 616m2, which also features 2 x double carports providing a car space for each unit, ensuring that parking should never be an issue.
Built in approx 1966, the Brick & Tile unit block exudes original 60's character and charm, while also offering some upgrades for modern conveniences. The units also provide an open plan layout, perfect for singles and couples seeking minimalist living space.
Located in the sought-after suburb of Waratah West, this property offers easy access to a range of amenities and is virtually across the road from Newcastle University, nearby you'll find public schools, parks, Jesmond Central, and public transport options, ensuring that everything your tenants require is within reach.
Don't miss out on this incredible opportunity to own your own block of units so close to Newcastle University.
Contact us today to arrange a private inspection or to find out more about this fantastic property. Act fast, as opportunities like this don't come around often!
Got a property to sell? Contact us for a free Request Appraisal
- Property ID: L23488766
- Property Type:Block of Units
- Building / Floor Area:180 sqm
- Carports:4
- Land Area:616 sqm
Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.
Mortgage Broker
R&H Suburb Summary | Houses |
---|---|
Number of sales | 43 |
Average Price | $799,683 |
Median Price | $770,000 |
Median Rental Price | $572.5 p.w. |
Change in Rental Rate (5yr) | 47 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 13 |
Average Price | $554,692 |
Median Price | $578,000 |
Median Rental Price | $550 p.w. |
Change in Rental Rate (5yr) | 51 % |