171 Broadmeadow Rd, Broadmeadow

Expressions of interest over $850,000

One title, 6 apartments, 1 buyer. Sounds like an opportunity not to be missed. This 2 storey solid brick dominant investment boasts 506m2 of money making real estate. Make no mistake, this asset is a dollar producing product. Being situated on an upcoming prestigious street, a lot of renovations are taking place generating huge growth for the area. Showcasing very rare characteristics for the suburb including a rear lane, accessing from Australia road with 4 carports at the rear and 2 car spaces at the front. Each unit having their own kitchen, bathroom, living area and separate bedroom with built-ins. One apartment even has their own balcony on the second level. Currently fully leased and returning a healthy $58,760 per year ($1,130 per week). With such a great return and plenty of opportunity, this brick beauty wont last long.

Located in possibly the most convenient place giving the landlord ease of mind when re-leasing the units. Providing the lifestyle which everyone is after these days with a healthy 7 minute walk to the local 'Newcastle Central Shops' for the morning coffee or the milk and bread. Newcastle on one side and the Lake on the other, what else would you want in an investment? Wait, not to mention all the other useful places around that are all walking distance! You have the Broadmeadow train station (1 min walk), Newcastle Entertainment Centre (3 min walk), Wanderers Oval (4 min walk) Broadmeadow Basketball Stadium (6 min walk), Newcastle Tennis Courts (8 min walk). Newcastle Show Ground (9 min walk) I could go on but there is seriously so much opportunity here.

This property represents outstanding value and an incredible opportunity to enter into a growing suburb.

Call me to find out even more!
Keenan Armstrong
(02) 4915 8888

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  • Price $850,000-$900,000
  • Street Address 171 Broadmeadow Rd
  • Suburb Broadmeadow
  • Postcode 2292
  • Property Type Block of Units
  • Direction Get Direction

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