A Dual-Occupancy Property with Excellent Returns

A highly versatile real estate prospect, this dual occupancy money-making machine is ready to deliver an instant return with happy tenants already in place and a combined weekly return of $1000. Serving up two homes under one roof, it also provides an excellent springboard for first-home buyers who could live in one and rent the other, or families wanting to house elderly parents or adult children nearby. Another option could be to return the home back into a large family retreat (there's already a pool), or knock it down and rebuild with R3 Medium density zoning. Well presented throughout, this lucrative opportunity is located for day-to-day convenience with Charlestown Square and Charlestown CBD an easy walk away.

- Two ready-to-enjoy homes sitting on one title, a great prospect for investors
- One dwelling is 3-bedrooms/1-bathroom, the other 2-bedrooms/1-bathroom
- Both homes are occupied with happy tenants wanting to stay
- Neat kitchens and bathrooms plus s/s air-conditioning in each home
- Generously sized living areas, built-in wardrobes, separate laundry facilities
- Large alfresco deck overlooking a pool, single garage plus carport
- Easy to maintain indoors and out, opportunity to live in one and rent the other
- Walk to dining options for an easy weeknight meal, city-bound transport nearby
- Close to schools, playgrounds, medical centres and excellent shopping
- A 15-minute drive into the heart of Newcastle, 10 minutes to sandy beaches

Council Rates: $2144 PA approx
Water Rates: $756 + usage PA approx
Rental Appraisal: $1,000 PW

Whilst Lisa Macklin Property has taken all care preparing this advertisement and the information contained has been obtained from sources that we believe to be reliable, Lisa Macklin Property does not represent, warrant, or guarantee the accuracy, adequacy, or completeness of the information. Lisa Macklin Property accepts no liability for any loss or damage resulting from reliance on this information and interested parties should make their own independent investigations


  • 1P4831
  • $ 950,000
  • House
  • Sold
  • 44 Milson Street Charlestown NSW
  • 5
  • 2
  • 2
  • 569 sqm
  • 1
  • 1
  • $756 Per Year
  • $2,144 Per Year