55 Douglas Street, Wallsend

55 Douglas represents great potential in the market.

Comprising of a well maintained, three bedroom home with renovated bathroom, kitchen and updated interiors, this property invites a variety of purchasers including First Home Buyers, Families, Self – Employment and Investors.

The central kitchen overlooks the informal living, dining and another substantial size entertaining room which opens to a pleasant Easterly aspect from the deck.

The garage is approximately 6 x 7M with another semi-enclosed outdoor entertaining area all of which is easily accessed from the tandem designed carport - This has the potential to be converted into another income stream or home office

Separate to the home you have a great size granny flat (4 x 9.6M) that would be perfect for additional income, a home office or even a retreat for the larger families.

The balance of the land includes a secure, fully fenced yard with double gate access to an adjoining recreation park.

An easy 10 minute walk to Stockland Jesmond and only short 5 minute commute to the University of Newcastle.

This is a fantastic opportunity with a scope for further potential to the astute purchaser.

Rental Returns for the Investor:

House - $425 per week approx.

(Completed) Unit - $250 per week approx.

(Completed) Garage/Studio - $250 per week approx.

Total potential investment = $925.00 (8.7%) Return!

Contact Jesse Mulligan on 0432 160 186 or (02) 4950 1466 to arrange a suitable viewing time.