8 Forrest St, Jesmond, NSW, 2299

Investor Special

House
Type
4
Bedrooms
2
Bathrooms

Published on Wednesday, March 25, 2026 ( See property details for 8 Forrest St, Jesmond, NSW, 2299)

$700,000 - $750,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile investment property in a highly sought-after location, offering excellent renovation potential and strong rental appeal.

🏡 Property Highlights

  • Prime location within walking distance to Newcastle University Callaghan Campus
  • Strong rental potential with 4 bedrooms and 2 bathrooms
  • Fully fenced 264m² block offering privacy and security
  • Opportunity to renovate and increase property value
  • Covered outdoor area with potential for enhancement
  • Ideal for investors, renovators, and savvy buyers

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Ceiling Fans
  • Waterfront / Views
  • Extra Storage (Shed/Linen)
  • Pet-Friendly

Jesmond is a vibrant suburb renowned for its convenient location, close proximity to Newcastle University, parks, and shopping centres. It offers excellent rental demand, a friendly community atmosphere, and strong long-term growth potential. The area features a mix of established homes and development opportunities, making it ideal for investors and families alike.

What is the condition of the property and what renovation work is needed?
The property requires significant maintenance and renovation, providing an excellent opportunity for buyers to personalise and add value.
What are the potential rental yields and investment returns?
With four bedrooms and two bathrooms, the property offers strong rental appeal, making it suitable for high rental yields and long-term growth.
Is the property suitable for first-time renovators or investors?
Yes, the property is ideal for investors, renovators, and savvy buyers looking to capitalise on its location and potential for value addition.
What amenities and services are nearby?
The property is within walking distance to Newcastle University Callaghan Campus, parks, schools, shopping centres, and essential services.
Can the outdoor space be further developed?
Yes, the covered outdoor area offers potential for enhancement to increase outdoor living space and property appeal.
Are there any planning or zoning restrictions that could affect renovation plans? What are the potential costs involved in renovating the property? Are there any existing structural issues or defects to be aware of? Is the property located in a flood or bushfire-prone area? Are there any easements or covenants on the property that could impact development? What are the strata or community title considerations, if applicable? Is there any ongoing or upcoming construction nearby that could affect the property? Are there any noise or neighbour-related issues in the area? What are the total costs including stamp duty, legal fees, and renovation expenses? Has the property been inspected for pests or other hidden issues?

8 Forrest St, Jesmond, NSW, 2299 - More Details

Investor Special

Type
House
Bedrooms
4
Bathrooms
2

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