15 Moresby Street, Wallsend, NSW 2287

Bedrooms
7
Bathrooms
5
Parkings
3
Type
House

Last updated on Wednesday, June 12, 2024

Price Guide $850,000 - $895,000

Joe Di Claudio Principal, Licensee In Charge & Registered Real Estate Valuer
Yan Wang Licensed Real Estate Agent

15 Moresby Street, Wallsend, NSW 2287 - More Details

Price Guide $850,000 - $895,000

Welcome to a golden opportunity in the heart of Wallsend, conveniently located near the bustling Wallsend and Jesmond Shopping Centres. With easy access to the Newcastle link road and the highway, this investment property promises a steady and impressive return on your investment.

INSPECTIONS BY APPOITMENT ONLY

Key Financial Highlights:
Net Income: $55,750 Per Annum!
Secured Income: Fully leased Home and Flats!!
Multiple Income Streams: Four Separate Rental Units!

Main Residential Home:
Step into a spacious and well-appointed main residence that features a split-level design. The master bedroom boasts an ensuite and a spacious walk-in wardrobe, while three additional bedrooms share a bathroom on the ground level. The living and kitchen area features floating timber floors, making it both elegant and easy to maintain.

Additional Structures:
But that's not all! This property includes multiple free-standing structures, all leased out with separate lease agreements. There are two separate freestanding structures, each converted into 1-bedroom flats, and an additional 1-bedroom flat that was converted from the main residences garage. Each of these flats is equipped with its own kitchenette and a private bathroom complete with a hot water system.

Investment Potential:
With four income-generating units on the one block, this property offers an attractive and reliable income stream for savvy investors. There would also be potential to turn the house into separate room accommodation. The rental could increase up to $800 per week. The total income could potentially be up to $1,425 per week as a whole. Potential rental return is $61,250 per annum as a whole.

If you're looking for a long-term rental return investment with minimal hassle, this is the opportunity you've been waiting for.

4min(1.5km)Drive to Jesmond Central
4min(1.8km)Drive to Wallsend Village
5min(2.1km)Drive to Newcastle link road
7min(2.2km)Drive to Callahan College Jesmond
10min (4.9km)Drive to The University of Newcastle
11min(5.6km)Drive to John Hunter Hospital
26min(11.2km)Drive to Bar Beach


Type
House
Bedrooms
7
Bathrooms
5
Parkings
3

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15 Moresby Street Wallsend NSW 2287

Property FAQs

What is the current asking price for the 15 Moresby Street, Wallsend, NSW 2287?

Dowling Property Group - Mayfield has not listed a sale price for 15 Moresby Street, Wallsend, NSW 2287. Contact the agent for a price guide.

How many bedrooms does the property listed 15 Moresby Street, Wallsend, NSW 2287 feature?

15 Moresby Street, Wallsend, NSW 2287 is a 7 bedroom House.

What are the standout features of the 15 Moresby Street, Wallsend, NSW 2287?

Explore all key property features for 15 Moresby Street, Wallsend, NSW 2287. Click here to find out more.

What is the total land area and built-up area of the 15 Moresby Street, Wallsend, NSW 2287?

The total land area and built-up area of the 15 Moresby Street, Wallsend, NSW 2287 have not been disclosed. To find detailed information on the total land area and built-up area, contact the agent.

How many vehicles can be accommodated in the parking area of the 15 Moresby Street, Wallsend, NSW 2287?

15 Moresby Street, Wallsend, NSW 2287 can accommodated 3 vehicles in the parking area.

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