37 Nelson Street, Wallsend NSW 2287

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37 Nelson Street, Wallsend NSW 2287

$900,000

4 beds

2 baths

2 parking

DUAL INCOME OPPORTUNITY

Home business or dual income opportunity with main street front and R3 medium density residential zoning, this fabulous investment haven with a three-bedroom home, attached one-bedroom flat, and central lifestyle location, this lock-and-leave property promises a great financial return. Once a hairdressing salon and now a freshly presented townhouse, the main dwelling is generous in size while the flat is a practical space, and there are two car spaces on title.

Features include:

- The townhouse boasts open plan living, an updated kitchen, large laundry, and a bathroom downstairs with the three robed bedrooms located upstairs for peace and privacy.
- A studio at the rear provides a flexible space for a home office or gym. Refreshed with modern touches throughout, it's a quality ready-to-rent space.
- A simple interior and functional floorplan including a bright lounge room
- With a location that puts Wallsend Village a walk away for shopping and dining, the University of Newcastle nearby for students, plus the benefit of being close to arterial roads for access to the city, motorway or Hunter Valley, it's easy to see why the area has such a strong rental demand
- Dual-income return for investors seeking a rewarding low-maintenance property
- The main home is currently rented for $620 per week to long term tenants and the flat is rented for $340 per week
- Two car spaces for easy off-street parking