147 Charlestown Road, Kotara South NSW 2289

This exceptional residential property in Kotara South offers a unique opportunity with three separate living spaces under one title, providing three income streams.

Top-Level Residence (Unit A): Leased at $495/week
- Currently leased at $495.00 per week, presenting a lucrative investment opportunity with steady rental income.
- Three spacious double bedrooms offer ample accommodation space for residents.
- Updated bathroom with modern amenities and comfort.
- Convenient off-street parking and a single garage.
- Open-plan kitchen with picturesque backyard views enhances the cooking and dining experience.
- Charming L-shaped lounge and dining area with beautiful hardwood floors to add warmth and character to the living space.
- Recently painted throughout for a fresh and modern aesthetic.
- New window coverings enhance privacy and light control in every room.
- All bedrooms compelte built-in robes, optimizing storage space and organization.
- Reverse Cyle AC in the living area.

Lower-Level Residence (Unit C): Leased at $325/week
- One-bedroom flat with bathroom, small living area, kitchen, and internal laundry.
- Split system Ac in the living area, servicing the whole unit.
- All areas open onto the rear yard, promoting seamless indoor-outdoor living.

Granny Flat (Unit B): Leased at $380/week
- Modern granny flat DA approved 31.12.2011, offering contemporary living amenities.
- One bathroom, open-plan kitchen, and living room provide a comfortable living space.
- Split system Ac and ceiling fan in living room.
- Charming private yard surrounded by trees enhances appeal, perfect for relaxation or outdoor dining on the deck overlooking Nereida Close, Reserve.
- Off-street parking available for added convenience, ensuring hassle-free parking for residents and guests.

Conveniently located just a short drive away from Charlestown Square and Westfield Kotara, with public transport directly outside, this property offers both accessibility and quiet suburban living. With a remarkable 54.8% increase in median value over the last 5 years, this property presents a lucrative investment opportunity for those looking to capitalize on the growing real estate market in Kotara South.

Zoning: R2 Low Density Residential
Land Area: 753sqm approx
Council: Lake Macquarie
Land Rates: $2185pa approx
Water Rates: $859pa approx
Current Rent: $1200pw

IMPORTANT INFORMATION ABOUT AUCTIONS –
We welcome you to bid on-site or on-line.
All registrations need to be completed prior to the auction and require approval. Please allow sufficient time for the registration process.
Register via this link.. https://buy.realtair.com/properties/128607
Call 02 4943 6333 if you require assistance.

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.