84 King Street, East Maitland, NSW 2323

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The Agent Loves
"Situated in the heart of East Maitland, this property presents a fantastic investment opportunity, boasting a strong rental yield and ample potential for future development, subject to council approval."

The Location
East Maitland is a highly sought-after suburb that caters to those seeking a well-rounded and convenient lifestyle. It offers unparalleled access to everything you need, whether it's a leisurely stroll to the nearby shopping village or a quick drive to the new Maitland Hospital and Stockland Green Hills shopping centre. With the East Maitland Golf Course, Aquatic Centre, and sports oval also located in a short proximity, the position of this home is in a prime location.

Maitland - 7 min (5.2km)
Stockland Green Hills - 3 min (1.7km)
Newcastle - 32 min (30.7km)

The Snapshot
Discover a remarkable real estate opportunity with this block of five residential units, all on one title, in the prime locale of East Maitland. This collection features a mix of one-bedroom and two-bedroom units, each designed to cater to a range of lifestyles. Whether you're seeking to capitalise on the vibrant local rental market or to diversify your portfolio, these units represent an exceptional investment. Offering convenience and appeal, 84 King Street is an excellent choice in this highly desirable community.

The Home
Located on a generous 793 sqm parcel of land, 84 King Street offers a blend of one and two-bedroom units, perfectly poised to attract a diverse range of tenants and deliver robust rental returns.

Two of the units have been recently renovated, with modern updates and stylish finishes. Unit 1, a cosy one-bedroom residence, features fresh paint, beautiful hardwood timber flooring, and an efficient open-plan layout encompassing living, dining, and a well-appointed kitchen. The bathroom is equipped with a shower and a separate powder room for added convenience. Unit 2 expands on this offering with two bedrooms and includes the additional luxury of a private lock-up garage, enhancing its appeal to small families or professional couples.

Units 3 and 4 both feature two bedrooms, with Unit 3 boasting practical floating floorboards in living areas and plush carpet in the bedrooms. Unit 4 steps up in comfort with quality carpeting throughout and charming sash windows that invite natural light and breezes. Both units maintain the theme of open-plan living and dining areas, functional kitchens, and bathrooms with showers and separate powder rooms. Each of these units also benefits from a lock-up garage, providing secure parking and extra storage space.

Unit 5 rounds out the ensemble as a one-bedroom retreat that mirrors the thoughtful layout of Unit 1, ensuring consistency in style and comfort across the block. Like its counterparts, it features an open-plan living and dining area, a well-equipped kitchen, and a bathroom complete with shower and separate powder room.

Outside, the property is surrounded by established lawns that create a welcoming environment and contribute to the overall charm. A shared laundry facility adds to the tenants' convenience, ensuring all residential needs are met within the complex.

Situated within walking distance of public transport, shops and local amenities, this block of units not only promises a convenient lifestyle for residents but also holds excellent potential for growth and appreciation.

It represents a brilliant real estate opportunity, ideal for investors looking to make a significant impact in their portfolio with a cornerstone property in a sought-after location.

SMS 84Kin to 0428 166 755 for a link to the online property brochure.