69 Margaret St MAYFIELD EAST, NSW 2304

FRESH TO MARKET
522
Floor Plan
Property Details

69 Margaret St MAYFIELD EAST, NSW 2304

FRESH TO MARKET
Description

Unique & Stylish Investment with Dual Income Potential

Step into a bright and beautiful four bedroom home with all the modern luxuries, plus charming period features. Large living spaces, immaculate bathroom and kitchen, all spilling out onto alfresco decking overlooking the backyard.

An exceptional second dwelling exists at the rear of the property commanding an excellent rental return, currently $370 per week. The second residence is separately metered for electricity, water & gas.

This is a unique opportunity to secure a gorgeous home and lucrative investment in a highly sought after, high growth area where all the work has been done; fresh for you to enjoy.

Residence:
* Smartly updated and renovated interior and exterior
* 4 light filled bedrooms, 3 feature built ins and the master bedroom opens to the sunroom for relaxing sunny mornings
* Bright and stylish, featuring original fuel stove, ample cupboard space, kitchen island, stainless steel dishwasher and gas cooking.
* Formal lounge room plus open plan dining and kitchen
* Rear sunroom/ mudroom conveniently adjacent the laundry and second toilet
* Stylish family bathroom with double vanity and dual shower over a deep bath.
* R/C Air conditioning
* Feature fireplace, high ceilings, sun room and floorboards are all part of the charming character
* Bi-fold doors from kitchen to decking
* Easily maintained landscaping – designed to be private and functional.
* Situated in a highly sought after street in Mayfield East – just 10 mins away from Newcastle CBD and Beaches.

Second Dwelling:
*Currently returning $370 per week
* One bedroom downstairs with built-in plus comfortable 8mx6m loft upstairs with walk-in style storage space
* R/C Air conditioning
* Secure yard with private clothesline and low maintenance garden
* Open plan living and dining
* Galley style modern kitchen with Caesar stone bench top, electric cooking and a modern finish throughout
* Tidy bathroom and Euro laundry
* Linen closet
* Healthy rental return or possible family retreat / accommodation
* 10 minutes from Newcastle University, CBD, Mater Hospital and beautiful beaches

This property offers an outstanding opportunity for dual income, with the main dwelling estimated to return $480 – $500 per week. A very healthy $850 – $870 per week, on a 506sqm parcel of land, in a high growth pocket of Newcastle just 6km from the Newcastle CBD.

For more information contact our selling agent Sam Kolatchew today.

Property Features
  • House
  • 5 bed
  • 2 bath
  • 5 rooms
  • 2 Parking Spaces
  • 2 Garage
Agent Details