Boasting two separate flats plus flexi office space at the rear, this property is sure to impress investors looking to expand their portfolio within this superbly sought-after setting. Alternatively, first home buyers could return the house back to a single dwelling home. Positioned on a quiet, tree-lined street within easy reach of Mayfield's shops and Beaumont Street's vibrant dining scene, the property sits on an easy-to-manage parcel, just 4km from Newcastle CBD. In terms of layout, it features a one-bedroom flat with separate living space, kitchen and bathroom at the front. At the rear, is a two-bedroom flat with kitchen, bathroom and two separate living areas. Each unit offers alfresco space to enjoy, plus there is external access to the shared laundry. Alongside a single garage and carport, there is also wonderfully versatile and secure office or storage space positioned at the back of the property. Tidy as is, there is also incredible opportunity here to update and add value within a location that will always attract the attention of potential renters. Come and see it for yourself and see where your imagination takes you! * Investor, renovator or first home buyer potential in high demand location * Fully fenced and extremely easy-to-maintain parcel in quiet position * Single level home divided into two separately metered flats * Leave as two flats or covert back to a single dwelling home * Front unit with lounge room, gas kitchen, bedroom and bathroom * Back unit with living, dining room, gas kitchen, two bedrooms and bathroom * Small grassy yard at front for use by front unit, rear alfresco for back flat * Enclosed laundry at rear can be accessed by both units * Large rear office or storage space adds further versatility and potential * Single lockup garage, adjoining single carport, plus gated driveway parking * Moments from local shops, conveniences, transport and schools * Within easy reach of parks and Throsby Creek * Less than 10 minutes' drive to Newcastle CBD's restaurants, bars, shops and beaches Council Rates: $2,314 PA approx Water Rates: $926 + Usage PA approx Rental Potential: $850 - $900 PW approx
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