3/114a Michael Street, Jesmond, NSW 2299

$650,000 to $690,000

Villa
Type
2
Bedrooms
1
Bathrooms
1
Parkings

Last updated on Wednesday, August 05, 2026 ( See property details for 3/114a Michael Street, Jesmond, NSW 2299)

$650,000 to $690,000

Sue Odgers Licensed Real Estate Agent (Owner)
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, well-presented two-bedroom villa offering low-maintenance living, excellent tenant occupancy, and a prime location close to amenities and Newcastle University.

🏡 Property Highlights

  • Well-maintained two-bedroom villa in a small complex of three
  • Currently leased to a reliable long-term tenant with immediate rental income
  • Bright, natural light-filled interior with reverse cycle air conditioning
  • Private fenced courtyard ideal for outdoor entertaining
  • Convenient location close to Newcastle University, shops, and public transport
  • Single garage with internal access and additional visitor parking

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Air Conditioning
  • Open-Plan Living
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Ceiling Fans
  • Water tank
  • Fully fenced
  • Pet-Friendly

Jesmond is a vibrant suburb renowned for its convenient access to Newcastle University, excellent local schools, and a variety of shopping and dining options. Its well-connected transport links make commuting easy, while the community atmosphere and parks provide a welcoming environment for residents. The area offers a mix of modern and established properties, making it ideal for investors, students, and families alike.

What is the condition of the property and are there any recent renovations?
The property is well-presented and in good condition throughout, with no recent renovations mentioned but maintained to a high standard.
What is the current rental income and potential return?
The current rent is $470 per week, with a potential return of $580 per week.
Is the property suitable for first-home buyers or investors?
Yes, the property is ideal for first-home buyers, down-sizers, and investors due to its low-maintenance design and reliable tenant.
What amenities are nearby?
The property is close to shops, public transport, the University of Newcastle, and local schools.
Does the property have any energy-efficient features?
Yes, the property features reverse cycle air conditioning and ceiling fans for efficient climate control.
Are there any upcoming strata fee increases or special levies planned? Are there any zoning restrictions or easements affecting the property? Has the property been inspected for any structural issues or pests? Are there any planned developments or construction nearby that could impact the property? What are the long-term maintenance costs associated with the property and complex?

3/114a Michael Street, Jesmond, NSW 2299 - More Details

$650,000 to $690,000

This comfortable two-bedroom villa is well presented and in good condition throughout and offers an easy-care lifestyle in a small complex of just three villas.

Filled with an abundance of natural light, the home features a bright and inviting interior, the property offers a practical floor-plan with comfortable living spaces, a functional kitchen, with the appeal of low-maintenance living and creates a warm and welcoming atmosphere.

The private courtyard provides the perfect space for outdoor entertaining, relaxing, or enjoying a low-maintenance garden.

Conveniently located close to schools and other everyday amenities, this well-maintained villa is an excellent opportunity for first-home buyers, down-sizer's, or savvy investors alike.

Currently leased to a long-term tenant who has taken great care of the home, it provides immediate rental income and peace of mind for investors seeking a quality property in a convenient location close to shops, public transport, the University of Newcastle, and local amenities.

Strata Fees per quarter $1,386.25
Newcastle City Council Rates $410.00 per quarter
Current Rent $470 p.w.
Potential Return $580 p.w.

This property has:
* A very good tenant,
* 2 bedrooms both with Built-in Wardrobes,
* Private Fenced Courtyard.
* Reverse Cycle Air in Lounge Room,
* Lovely Natural Light,
* Kitchen has Gas Cooktop, Under Bench Oven and Range Hood,
* Plenty of Bench space, Under Bench and Overhead Cupboards,
* Ceiling Fan in Lounge Room and both Bedrooms and Kitchen/Family,
* Tiled Bathroom with Shower Recess, Bath and Vanity,
* Toilet is Separate,
* Good size single garage with Internal access,
* Laundry at back of Garage with access door to courtyard,
* Visitor Parking near villa.

This property is located in a very convenient location only minutes to the Link Road, the University of Newcastle is nearby and Local Schools are within an easy walk. The tenant is not on a current lease but would be happy to continue her tenancy if it suits a purchaser.

Ring Anytime or Email to arrange a viewing of this appealing, modern, Villa.
Type
Villa
Bedrooms
2
Bathrooms
1
Parkings
1

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