5 Prince Street, Belmont North, NSW 2280

When you purchase a dual living home, you are investing in the future of your family or for investors, enjoying the benefit of two separate income streams. Built 5 years ago, the clever design of this contemporary residence provides independent, self-contained accommodation under the one roofline for two families. If you choose to live in the main three-bedroom house, the adjoining one-bedroom granny flat gives you the perfect space for grown children saving for their own home, ageing parents, extended family, visitors, or tenants.

Currently with a fantastic rental yield and a combined $1,165 per week on two separate tenancies, the low maintenance homes feature all the conveniences you would expect from a modern residence with open plan living, air-conditioning, built-in/walk-in robes, Caesarstone kitchen, and each with a garden. 

Positioned for laidback living with unbeatable access to coast and community, this Prince Street address puts you moments of Third Creek's beach access, Redhead's sweeping dunes and Belmont's protected wetlands. Surf breaks, 4WD trails, and scenic walking tracks are all close by, while the Fernleigh Track and Lenaghan Oval are just around the corner. You're minutes from the lakefront, Belmont 16s, and waterfront dining, with Jewellstown Plaza just 1.7km away for all your shopping needs.

- Great ROI
- 358.8sqm block with off-street parking for three cars
- One bedroom granny flat with a/c, walk-in robe, bathroom/laundry combo, electric-equipped kitchen returning $475pw
- Dual level three bedroom home, open plan living, a/c, island kitchen with electric cooking, full bathroom plus powder room, two separate areas for alfresco entertaining, $695pw
- Belmont North Public School – 1km, Belmont Christian College – 1km, Belmont High – 2.2km
- Warners Bay lake foreshore – 10km, Newcastle CBD – 17.7km
- Excellent rental yield
- Fantastic investment

Outgoings
Council rates: $2,101.04 approx per annum
Water rates: $791.34 approx per annum

Disclaimer: 
All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.