Sold
Last Asking Price - $660,000
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97 Blue Gum Road, Jesmond NSW 2299

House
421
Block size: 315 m² approx.

High Yield Investment

Neat, low maintenance four bedroom, two bathroom home in prime location just minutes walk to Newcastle University and Jesmond Shopping centre. Offering desirable features including reverse cycle air conditioning and ceiling fans throughout, this property is currently fully leased and returning $720 per week.

On either side of the front entry hall are doors to the two spacious front bedrooms, both with reverse cycle air conditioning and ceiling fans. Continue through the hall to a dining/living space and contemporary kitchen, also with reverse cycle air conditioning. Off this area you access bedrooms three and four, both with ceiling fans, as well as the first bathroom with shower, vanity and toilet.

At the rear of the house is another living room with an adjoining second bathroom/wc/laundry.

Solar panels assist with outgoings and there is off street parking for one however proximity to University, shops, services & public transport removes any necessity for a car. Ready for the astute investor to capitalize on the growth of the University. Coupled with continued maintenance, this corner block dwelling in a high student traffic area offers exposure that will guarantee good returns.

For further details contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.

Inspections

No open inspections scheduled.

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Key details

Bedrooms:
4
Bathrooms:
2
Garage Spaces:
1
Property type:
House
Block Size:
315 *

Other Details

Lot:
61
Plan Type:
DP
Plan:
1147461
Legal description:
61/1147461
Reece Realty Newcastle

Maps and area information

Block information
Block size: 315 (approx)
Legal description: 61/1147461
Block Map
Measurements are estimates only and based on data provided under licence from © PSMA Australia 2024.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Enrolment areas for ACT public schools.

Property history

You don't need a time machine, we've built one for you. Research this property's past sales on the timeline below.
Property History
15 Mar 2024
Sold
Reece Realty Newcastle
Listed: 15/03/2024
Block size: 315m²
Transfer type: Full transfer
30 May 2014
Sold
Reece Realty Newcastle
Listed: 30/05/2014
Block size: 315m²
Transfer type: Full transfer
30 May 2013
Sold
Reece Realty Newcastle
$380,000
Contract: 30/05/2013
Listed: 04/07/2013
Block size: 315m²
Transfer type: Full transfer
20 Aug 2008
Sold
Robinson Property
$290,000
Contract: 20/08/2008
Listed: 04/05/2014
Transfer type: Full transfer

Jesmond suburb information

A little bit about who lives locally, as provided by government census data
SummaryMedian sales
Average Age
32 years
Population
3,210
Listing ID: 182378015. This listing has been viewed 0 times. It was first displayed on 15/03/2024 and last updated on 15/03/2024.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.