Featuring a brick and tile construction, with 8 bedrooms, 2 bathrooms, and a 907m2 block that slopes to the street, this property is geared towards reaping rewards with exceptional weekly rental returns as is, or developing as you see fit (subject to council approval).
Birmingham Gardens could possibly be one of the most convenient suburbs in Newcastle where quality rentals are in high demand.
With close proximity to Jesmond shopping centre, bus stops on the same street, and the University of Newcastle approximately 10-minutes’ walk from the property, why not take advantage of the opportunity to expand your portfolio?
In addition to its high-yield potential and unbeatable location, the property is also free from mine subsidence – an increasingly rare and valuable asset in the area.
If developing is your objective, then the current rental income will be a great attribute in alleviating holding costs whilst you seek approvals from council.
Call us on 02 4958 8555 to book your inspection.
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NOTE: This is not a contract of sale document. Both the purchaser and vendor must sign a contract of sale document before this offer becomes legally binding. An offer may be withdrawn at any time before signing a contract of sale document. If you do enter into a contract of sale, it is advisable to check section 5 of the Land and Business (Sale and Conveyancing) Act 1994 regarding any cooling-off rights that you may have and how to exercise them
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Attention Agents and Sales Representatives
Before the Vendor accepts this offer you must ensure that any written offers you have received have been presented to the Vendor and any offers which have been communicated to you but not yet recorded in writing have been communicated to the Vendor
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