View photo
House
·
for sale
Request Details
Whole Block of 12 Units Within a Regionally Significant Growth Area
Broadmeadow
· 24 Bedrooms · 12 Baths · House
· Balcony · Equipped kitchen
Broadmeadow · 24 Bedrooms · 12 Baths · House · Balcony · Equipped kitchen
Held by one owner for more than 37 years, this tightly held block of 12 apartments presents an exceptionally rare large-scale Newcastle investment opportunity. Meticulously maintained over decades and offered on a single title, the complex combines immediate holding income with significant long-term upside on a substantial 1,245sqm double block landholding. Each oversized apartment features two robed bedrooms, spacious open plan living and dining, a generous kitchen/meals area, shower bathroom, private balcony and allocated car space. Fully leased, the property offers strong cash flow from day one, while the consistently maintained presentation reflects the genuine pride of ownership behind this much-loved family asset. For investors, the options here are as broad as the site itself: Continue enjoying the reliable income stream as is, currently $277,000 p.a. Undertake strategic renovations to enhance rental returns and unlock instant value Individually strata and sell each apartment se
Held by one owner for more than 37 years, this tightly held block of 12 apartments presents an exceptionally rare large-scale Newcastle investment opportunity. Meticulously maintained over decades and offered on a single title, the complex combines immediate holding income with significant long-term upside on a substantial 1,245sqm double block landholding. Each oversized apartment features two robed bedrooms, spacious open plan living and dining, a generous kitchen/meals area, shower bathroom, private balcony and allocated car space. Fully leased, the property offers strong cash flow from day one, while the consistently maintained presentation reflects the genuine pride of ownership behind this much-loved family asset. For investors, the options here are as broad as the site itself: Continue enjoying the reliable income stream as is, currently $277,000 p.a. Undertake strategic renovations to enhance rental returns and unlock instant value Individually strata and sell each apartment se
Request Details