No Bull Real Estate
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64A Tramway Drive, West Wallsend

NEW PRICE $449,950
  • Bedrooms: 3
  • Bathrooms: 2
  • Car Spaces: 1
  • Property type: House
  • Listing type: For Sale

POSITIVE CASHFLOW INVESTMENT - NEW TORRENS TITLED, LOW MAINTENANCE AFFORDABLE HOME

Building completed in 2019 and the property has been recently tenanted with a great tenant at $410 per week. Almost a 5% rental yield. If you are looking for a low maintenance, positive cash flow property investment in a great location then look no further. If you are looking at a low cost downsize to live in or an entry level home for your expanding family this also has you covered.

West Wallsend has steady capital growth year on year with low rental vacancy rates. It is a solid family area with great schools in the precinct and typically less than a 1% vacancy rate.

What an opportunity to acquire a great high returning investment property within easy proximity to the Newcastle University.

At A Glance
3 bedroom, 2 bathroom duplex on Torrens Title
Low maintenance block
Master with ensuite, walk in robe and air conditioner
Open plan main living with air conditioner
Remote access garage with internal access
Stylish kitchen with Stainless steel oven and Caesar stone benchtops

Sydney 1 hour 22mins
Primary School - 3 mins
Public High School - 8 min walk
Westfield Kotara - 22mins
John Hunter Hospital - 19mins
Newcastle Airport - 30mins
Newcastle University - 18mins
Mereweather Beach - 30 mins

ADDITIONAL FEATURES

  • Air Conditioning
  • Reverse Cycle Air Conditioning
  • Outdoor Entertainment Area
  • Remote Garage
  • Broadband Internet Available
  • Built-in Wardrobes
  • Dishwasher
  • Water Tank

Location

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I have dealt with many Real Estate agents both in Property Purchase, Property Sale, Investment Property Management, and as a Rental Tenant. Over 25 years, I have not had such a Professional and completely thorough experience. Edith and Jon are at the top of their field in experience, knowledge, training, and professionalism in Real Estate. They ensure that they remain up to date and current in all Real Estate laws and changes in the industry, are totally thorough and a pleasure to deal with. I will be calling on their services in future for all Real Estate needs in Newcastle and The Hunter Valley. Thank you both for making our lives so easy and stress free. We will not be strangers!

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We have Know Edith and Jon for the past two years. They have been instrumental in the correct management of our property in Newcastle, always finding us high quality tenants and ensuring our property and the surrounding common areas are well looked after. They have an extremely professional work ethic with strong communication and an in depth knowledge of the property market. They have a warm and friendly persona and are always willing to do or go the extra mile to get you where you need to be in terms of your property investment. They came recommended to us by a work colleague and we would recommend them in a second to anyone requiring a property manager or sales person after taking them on. We would also like to take this opportunity to personally thank Edith and Jon for all of their hard work over the last two years. It is very much appreciated. Many thanks Stephen & Chotima

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