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Two Homes PLUS income

121 New England Hwy Rutherford

1 bed | 1 bath
You can purchase this property with two existing tenants or redevelop the block into units (subject to council approval)
Total area is 1,017 m2 and comprising of two properties currently returning over $29,000 per annum.
Each home has it’s own access and privacy.
The location of the property is within walking distance to Telarah Railway Station, shops, schools and Maitland Hospital.
Showing a gross return of 6.5%, this an ideal chance to capitalise on a property that would be easily show more solid return with improvement.
The development would be the optimum.
Great handy location with established tenants in place.
Buy now and REAP the rewards in the future.
Price
$460,000
Proudly Richardson&Wrench
Maitland
02 4933 0770

Contact the agent

Tammy Allen

Colin Campbell - JP

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