Put simply, invest for success

29 & 29a Apple Street, Fern Bay NSW 2295

Guide $970,000 - $1,000,000
 | For Sale
Beds: 6 Baths: 3 Car Park: 2

Built by Rawson Homes, this near new dual key property is a brilliant investment, or suitable for someone who is looking for a split living scenario to suit a family with older parents or young adults living at home.

Premium appliances are fitted throughout both units, including stone bench tops, gas cooking, reverse cycle air-conditioning units and a single lock up garage. Whilst entertaining is a breeze with spacious open plan living and dining areas that both open out onto low maintenance fully fenced yards.

These properties are golden opportunities for any investors looking to move towards an investment with positive cash flow. Here are the facts;

Unit 1:
– Market rent = $570 – $600 per week.
– 4 x Bedrooms.
– 2 x Bathrooms (1 Ensuite).
– 1 x Single lock up Garage.
– Open plan living area.
– Reverse Cycle Air conditioning.
– Window furnishings.
– Covered alfresco and fully fenced yard.
– Premium finishes and fittings.

Unit 2:
– Market rent = $450 – $470 per week.
– 2 x Bedrooms.
– 1 x Bathroom.
– 1 x Single lock up Garage.
– Fully fenced yard.
– Window furnishings.
– Split system air conditioning.
– Premium finishes and fittings.

What’s the area like?

Adding further appeal is the homes’ position within a beachside community, rich in family credentials and boasting easy access to parks, playgrounds, cycleway and only 20 minutes from Newcastle CBD. This is a tempting package with nothing left to do but move in and enjoy the lifestyle on offer.

– Council Rates: Approx. $2,308 p/a.
– Water Rates: Approx. $740 + usage p/a.
– 29 Apple Street – Lease expires 14.02.24 $550 per week
– 29a Apple Street – Lease expires 28.04.24 $420.00 per week (rent increase issued $450 effective 10/11/23)