53 University Drive, Waratah West

Unique Investment Opportunity or Home & Granny Flat!

Located directly opposite Newcastle University, this property is unique in many ways, whether you be looking for a good consistent return in a property OR looking for a spacious family home with Granny Flat options. The original home is deceiving in size.

- 5 Good sized bedrooms with ceiling fans and ensuite off main.
- 2 Bathrooms, the ensuite and a spacious main bathroom.
- Formal lounge room at front of home.
- Family/meals/dining room at rear off kitchen.
- Large kitchen with plenty of cupboard and bench space.

The near new Granny Flat building in the backyard has:

- 2 Bedrooms.
- Modern bathroom.
- Open plan living area, kitchen is as new also.

Together they represent two substantial dwellings PLUS a huge concrete in ground pool for the use of all to enjoy!

House is currently leased for $490.00 per week and the Granny Flat is leased for $330 per week. Together this totals to a weekly rental income of $820.00.

Located close to both Stockland Shopping Centre Jesmond as well as Waratah Village, the property is also close to transport (rail) and other essential services.


Estimated Rates:
Council: $1,300 PA.
Water: $700 + Usage PA.