25 University Drive

Waratah West NSW 2298

This is the kind of property that works just as well for first-home buyers as it does for savvy investors. Only changing hands twice in 60 years, the home has been meticulously cared for and updated over the years while still honouring its original mid-century character.With three well-proportioned bedrooms, a large air-conditioned lounge filled with natural light, and a versatile sunroom, the layout offers flexibility for families, flatmates or those working from home. The updated kitchen features a dishwasher and new benchtop, flowing easily into the dining area, while the modern bathroom includes both a separate bath and shower.Step outside and the functionality expands even further. Drive-through gated side access leads to a spacious backyard with lots of potential. The sparkling in-ground pool becomes the centrepiece in summer, complemented by low-maintenance lawns. The existing concrete slab is in excellent condition, offering a blank canvas for families to add a garage. For investors, it presents an exciting opportunity to explore the addition of a granny flat STCA and secure a dual income with solid rental returns, just a stone's throw from the University of Newcastle's Callaghan campus.Freshly painted throughout and featuring a new Colorbond roof, the major upgrades have been handled, leaving you with a smart, move-in-ready package that offers both comfort and long-term confidence.What You'll Love-- Solid 60s build with elevated construction on a generous 552sqm block-- Brand new Colorbond roof, guttering and downpipes -- Three light-filled bedrooms, all with modern built-in robes-- Second toilet and shower with external access perfect after dips in the pool-- Split-system air-conditioning in lounge room-- Updated kitchen with great storage and clean finishes-- Drive-through gated side access for boats, trailers and cars-- Large concrete slab ready for shed, workshop or granny flat (STCA)-- Fully fenced, low-maintenance yard-- Ideal first home or smart addition to an investment portfolio-- Off-street parking space with backyard accessYour New Neighbourhood-- 6min walk to Newcastle University entrance (400m)-- 3min drive or 13min walk to Waratah West Public School (1.6km)-- 7min drive to Callaghan College Waratah Campus (3.5km)-- 3min drive to Callaghan College Jesmond Senior Campus (1.8km)-- 4min drive to Jesmond Central (2.3km)-- 3min drive or 13min walk to Mater Hospital (1.8km)-- 6min drive to Waratah Village (3.5km)-- 16min drive to Newcastle CBD and Beaches (8.5km)-- 6min drive to Waratah train station (3.2km)-- Approx. weekly rental return: in the vicinity of $700-- Approx. council rates per quarter: $640-- Approx. water rates per third: $300 (not incl. usage)For more information, please contact Dave Lane and Blake Forder on 4967 6770.Disclaimer: All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.