All Topics / General Property / Looking for a wholesale prop in New Castle?
I have found a good deal that someone may be interested in…. in New caslte… motivated vendor I have knocked him down from $425 to $380 …. for fst settlement.
Here are some of my notes while chatting with this gentleman
Location Walls End only 2 years old!
2 storey with iron roof
Blue board with cement render finish
4 bedroom
3 bathrooms
4 car garage
2 years old … fully finished with tiling all round.
Aircondioning reverse cycle + gas
There are 3 …… 2 stories in the street
House is on the market selling privately…. Brought another house…..
5 years left on indemnity insurance on building ……
Let me know if you want this one…. PM Me … you have to be fast though.
Cheers… just got another SMS from him tonight … he is motivated !!!
Cheers,
KiwiWhy Rent? Rent 2 own!
http://www.rent2ownaus.comNewcastle, ….for 400K (including s/duty) sound like a steal to me.
Sorry forgot to ask what’s the waterview like.
No waterview from Wallsend.
It is a working class suburb to the west of the city and very close to the university.
I would suggest that this property is well above the median price for the area but then it is new and Newcastle people do like new things.
Rental demand is very high in Newcastle and esp by the uni. currently 1% vacancy rate here and yields are generally a little higher than for Sydney. I have also seen some signs that the local market is strengthening somewhat.
if I can help anyone please drop me a line.
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
Dont forget about mine subsidence. Wallsend is one of the original mining areas in Newcastle. Hence it being predominantly a workers area. Not a bad area, I used to live in the next suburb. Certainly not a “trendy” suburb. $380 probably not bad, but check out rest of the street. Alot of older houses have had the blocks subdivided and a new home squashed behind it. Next suburb over, Maryland, would be best new home for price comparisons.
Cheers
TThis is a new area [fez]
I just had another call fro mteh is vendor and they have just dropped another 10K for a quick sale ….
Who is in?Why Rent? Rent 2 own!
http://www.rent2ownaus.comIf I put on a third storey do I then get a water view ?????
Originally posted by Kiwi-Fulla:This is a new area [fez]
I just had another call fro mteh is vendor and they have just dropped another 10K for a quick sale ….
Who is in?Why Rent? Rent 2 own!
http://www.rent2ownaus.comA new area?
Wallsend is an original suburb?
What new area is it?
Simon Macks
Residential and Commercial Finance Broker
***NODOC @ 7.15% to 70% LVR***
[email protected]
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
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