1, 2 & 3/16 William Street, Paterson, NSW 2421

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Approximate Costs and Rental Returns
• Council Rates approx $660.00 per quarter
• Insurance approx $130.00 per month 
• Water Rates approx $400.00 per quarter
• Rental Returns:
Unit 1 - $330.00 per week, lease in place until 13th May 2024 - Ongoing
Unit 2 - $280.00 per week, lease in place until 13th December 2024
Unit 3 - $350.00 per week, lease in place until 5th July 2025

The Agent Loves
"This is a brilliant opportunity to secure three charming units on one property. Each features one bedroom, one bathroom, and a spacious living and dining area, all on a single, convenient level."

The Location
Surrounded by lush greenery and scenic landscapes, Paterson is a haven for those seeking a peaceful lifestyle, yet still offering easy access to nearby urban centres. The suburb boasts a rich history, reflected in its heritage buildings and quaint streets. Local amenities cater to daily needs, with cosy cafes, boutique shops, and community parks creating a friendly and vibrant atmosphere.

Maitland - 18 min (18.0km)
Stockland Green Hills - 23 min (22.3km)
Newcastle - 56 min (51.1km)

The Snapshot
Discover an outstanding investment opportunity at 16 Williams Street, where a single-storey block hosts three one-bedroom units, ideal for multi-generational families or savvy investors. Units 1 and 3 have been thoughtfully updated for modern living, while Unit 2 features an upgraded kitchen. Nestled in a tranquil yet connected locale, this property promises a serene lifestyle while ensuring easy access to local amenities. Don't miss the chance to expand your portfolio with this versatile and attractive offering.

The Home
Welcome to this unique trio of homes at 16 Williams Street, a fantastic investment prospect nestled in peaceful Paterson. This property, composed of three units, each with one bedroom, one bathroom, and open-plan living spaces, is a perfect choice for multi-generational families or discerning investors.

Crafted with a sturdy brick exterior and a durable Colorbond roof, each unit is accented by covered entry patios, adding a welcoming touch. The interiors of each home have been thoughtfully designed to maximise space and comfort. 

The large kitchens, enhanced and updated in every unit, feature ample cabinetry and generous benchtop space, perfect for preparing meals and entertaining guests. These culinary spaces open seamlessly to dining areas, where gatherings can be enjoyed in a relaxed setting. The living areas are designed to be a cosy haven for unwinding at the end of the day, with enough room to host friends and family comfortably.

The master bedrooms in Units 1 and 3 boast built-in robes, providing substantial storage and convenience. Each unit's bathroom is efficiently laid out with a shower, vanity with ample storage, and a toilet, catering to all essential needs.

Further enhancing the practicality of these units, each comes with an internal laundry featuring external access, leading out to the rear yard where a clothesline is conveniently situated. The property is completely fenced, ensuring privacy and security for residents. Parking is ample with a triple car carport, providing one parking space per unit.

This investment is not only about the comfort and convenience it offers but also about the location. Zoned for Paterson Public School and Dungog High School, it presents an excellent educational opportunity. The property is also just under 20 minutes from Maitland and less than an hour's drive from Newcastle, making it perfectly positioned for commuting or enjoying city amenities.

16 Williams Street offers a rare chance to secure a versatile and attractive investment in a sought-after area. Whether looking to accommodate a large family across multiple generations or to capitalise on the strong rental demand in Paterson, it represents a smart, strategic choice now and for the future.

SMS 16Wil to 0428 166 755 for a link to the online property brochure.