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4/94 Michael Street, Jesmond, NSW 2299-Image

Ray White Newcastle Lake Macquarie - NEWCASTLE

4/94 Michael Street, Jesmond, NSW 2299

$510,000 - $550,000

Unit

Type

Bedrooms

Bathrooms

Parkings

Last updated on Saturday, June 06, 2026 ( See property details for 4/94 Michael Street, Jesmond, NSW 2299)

$510,000 - $550,000

Jackson Manning - Real Estate Agent - Ray White Newcastle Lake Macquarie - NEWCASTLE

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AI Property Insight

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

A well-located, low-maintenance two-bedroom villa in Jesmond offering immediate rental income and future growth potential.

🏡 Property Highlights

Well-connected location in Jesmond with excellent transport links
Low-maintenance two-bedroom villa ideal for investors or downsizers
Immediate income with a current lease returning $490 per week
Potential for rental growth with lease increase scheduled from May 2026
Proximity to University of Newcastle and major medical facilities
Separate living and dining areas with functional kitchen

✨ Key Features

Built-in Robes
Open-Plan Living
Garage
Outdoor Area
Waterfront / Views
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Pet-Friendly

Suburb and Property Insights of Jesmond, NSW 2299

Jesmond is a vibrant suburb renowned for its excellent connectivity, proximity to the University of Newcastle, and access to major medical facilities. It offers a diverse range of retail options, including Stockland Jesmond, and boasts strong public transport links to Newcastle CBD. The area is highly sought after for its convenient lifestyle, making it an ideal location for both investors and residents seeking a low-maintenance home in a thriving community.

Frequently Asked Questions

What is the current rental income and potential for future growth?

The property currently generates $490 per week, with a scheduled increase to $550 per week from 26 May 2026, offering immediate income and potential for rental growth.

What are the key features of this villa?

The villa features two bedrooms with built-in robes, separate living and dining areas, a functional kitchen, a single garage with laundry and second WC, and is suitable for low-maintenance living.

Is the property suitable for investors?

Yes, the property offers strong rental income, a flexible lease arrangement, and is located in a high-demand area close to amenities and educational institutions, making it an excellent investment opportunity.

What amenities are nearby?

Nearby amenities include the University of Newcastle, John Hunter Hospital, Mater Hospital Newcastle, Stockland Jesmond shopping centre, and excellent public transport links to Newcastle CBD.

What is the strata fee and what does it cover?

The strata fee is approximately $876 per quarter, which typically covers maintenance of common areas, building insurance, and other shared services.

What to ask about this property to agent?

Are there any upcoming or planned developments in the area that could affect the property's value or living environment? Are there any restrictions or easements on the property that could impact future renovations or extensions? Has the property been inspected for any structural issues or defects? Are there any strata or community title restrictions or fees not disclosed? Is the property located in a flood or bushfire-prone zone? Are there any known noise issues or nearby construction activities that could affect living conditions? What are the terms of the current lease, and are there any restrictions on future tenancy or owner occupation? Are there any additional costs or levies associated with the property that are not included in the strata fee? Has the property been recently renovated or updated, and are there any warranties or guarantees? Are there any zoning or planning restrictions that could limit future development or use of the property?

4/94 Michael Street, Jesmond, NSW 2299 - More Details

$510,000 - $550,000

Type: Unit
Bedrooms: 2
Bathrooms: 1
Parkings: 1

4/94 Michael Street, Jesmond, NSW 2299 - Point Of Interest

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Email Enquiry To Ray White Newcastle Lake Macquarie - NEWCASTLE

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