Here is a rare opportunity to enter the market and receive an 8.5% gross yield return on your investment or for those looking to purchase their own home and not have a huge mortgage over their head. Located in the West side of Cessnock this 2 bedroom home is very unique to the market and for the properties age is very well presented and maintained. The cottage features:
– 2 Large bedrooms
– Well presented kitchen and bathroom
– Polished timber flooring throughout the living area
– Air conditioning and natural gas being connected
– An external laundry
– Lock up storage shed
– Single Carport for car accommodation
The property presents itself as an excellent investment home as it was returning $220 per week.
The block size is 556sqm and is fully fenced, easily maintained and very flat making it a perfect future building site.
You will struggle to find a similar property on the market at this price level, able to be rented in its current condition with a great return and only 5 minutes to Cessnock’s CBD
Property Code: 402332051