Waratah 205 Christo Road
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Investor Special, Rental Guarantee
7 2 2
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Very rare opportunity for the shrewd investor to purchase a blue chip investment property close to town with a guaranteed rent return, including annual increases. This brick and tile home has 7 large bedrooms, 2 modern kitchens, 2 bathrooms, 2 large living areas and a double garage.
Majority of the home has been updated, with nothing to do but sit back and collect the guaranteed $764 per week. Currently leased to a Government funded organisation with 5 years remaining on lease with a further 5 year option period.
Great investment property with solid rental return, could possibly suit university housing in the future.
Property Features
- Car Spaces 2
Local Information Waratah
Education
Nearest Government Schools
- Waratah Public School
- Callaghan College Waratah Campus
- Newcastle Senior School
- Newcastle Middle School
- Waratah West Public School
- Lambton High School
Nearest Private Schools
- St Philip's Christian College DALE Young Parents
- St Philip's Christian College DALE
- St Philip's Christian College - Waratah
- Corpus Christi Primary School
- St Laurence Flexible Learning Centre
- St Columban's Primary School
Local Amenities
Parks
- Waratah Park
- Wrightson Reserve
- Arthur Park
- Newcastle District Park
Services
- Waratah Post Office
- Mayfield Post Office
- Broadmeadow Post Office
- Hamilton Post Office
Sport and Recreation
- Myamblah Crescent Oval