Build a Second Dwelling

Situated minutes to Australia’s largest saltwater lake in this booming suburb, this miner’s cottage is set upon 809m2 level block and offers to the astute buyer opportunities to Renovate, Re-develop or do a dual occupancy (STCA) while receiving income.
The quaint home features 2 bedrooms, updated kitchen, dining area off the lounge room, bathroom with bath, ceiling fans, front veranda and Iron shed/garage at the rear of the block.
Leased until August 2023
Returning $380pw
Rates Approximately $430 per quarter
Water Approximately $300per quarter plus usage (paid by tenant)

Close to:
** 9km shared lake front walking path
** Café’s, Clubs, Hotels, Shopping Precinct
** Warners Bay Private Hospital
** 7 Childcare Centres
** Public and Private Schools
** Train Station linking Newcastle to the Central Coast and Sydney