Property ID : 654252
For Sale $399,000 - Townhouse
Designed by award winning Newcastle based architects, this unique development comprises only eight contemporary three bedroom townhouses each boasting light-filled open plan living, two bathrooms, a single lock up garage, rear entertaining and courtyard areas as well as visitors’ parking. Stylishly appointed with quality finishes throughout, these residences are scheduled for completion end of next year and are available to purchase off the plan now. As these homes are brand new they will be sought after by an array of buyers and investors looking for high occupancy, high yield rental properties.
- Boutique development of eight brand new townhomes selling off the plan now
- Open plan living with air-conditioning flowing out to entertaining courtyard
- Kitchens feature stainless steel appliances, gas cooking and dishwasher
- Three airy bedrooms and two stylish bathrooms; single garage and visitors’ parking
Location And Proximity To Services
Shortland is a long established area that has recently become the focus of investors and developers due to its close proximity to the university and a high demand for rental properties from students. This boutique development is located footsteps to the local shopping area and schools and only 15 minutes to Newcastle CBD and beaches.
Buying this property for investment?
Below is a snap-shot of the income and expenditure analysis for a property purchase of around $450,000. The investor would actually be in a cash-flow positive position (making around $40.00 per week) after Negative Gearing benefits are taken into consideration. The benefits will change based on your income, interest rates, loan term, depreciation, general property expenses and other market conditions.
Customise your calculation by using our Negative Gearing Tax Simulator – input your actual income and proposed purchase price. Please read the Disclaimer and Explanatory notes before use.
Negative Gearing Tax Simulator
- Configuration:: 3 Bedrooms 2 Levels
- Price Range:: $399,000 to $420,000
- Building Status:: Construction End 2015
- View:: North Facing