3/114A Michael Street

Jesmond NSW 2299

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 $1,386.25Newcastle City Council Rates $410.00 per quarterCurrent 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.