69 Ferguson Street

Cessnock NSW 2325

With interest rates so low, getting a good steady return on your money is quite the challenge. The answer for you may be right here. Bricks and mortar have long been a low risk way of investment and in this case there is also some added potential. Situated close to the Cessnock CBD and on a flat 695 m2 parcel of land are 2 x 2 bedroom dwellings. The home on the front has 2 large bedrooms, sunroom/enclosed verandah, separate lounge and dining rooms and a very neat laminated kitchen and bathroom that were renewed approx... 6-7 years ago. There are 2 toilets, an air conditioner and whilst a neat tidy home there is still room to value add for those that like the opportunity. The second dwelling a granny flat is modern, has an air conditioned, open plan kitchen/dining/lounge layout, a combined bathroom/laundry and 2 decent sized bedrooms. Both homes have their own yard space and plenty of off street parking. Total income in the current market is $480 per week and as a dual income opportunity it represents lower risk. Make this your start to a portfolio, or add it to an existing portfolio but this is the ideal way to get more from a local residential property investment.