Dual income investment in lifestyle rich area

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4 Lowe Street, Hamilton South NSW 2303

$1,150,000
 | Sold
Beds: 3 Baths: 2 Car Park: 2
This property is currently not available.

Auction Location: In Room – 200 Glebe Road, Merewether

Tucked away on a quaint street flanked by Darling Street Oval and Newcastle Racecourse, this charming three-bedroom home is a gem of an investment. Currently split into two units—a cosy one-bedroom and a spacious two-bedroom—each with their own gas kitchens, bathrooms, and dedicated parking spots, it pulls in a sweet $860 per week.

Whether you’re an investor seeking a turnkey property or someone dreaming of reconfiguring it into a single family home, this property checks all the boxes. Its versatile layout also offers the perfect opportunity for those looking to live in one side and rent out the other, providing a steady income stream while enjoying the comforts of home ownership. Alternatively, the space is ideal for those wishing to house extended family members, ensuring privacy and independence for everyone, yet keeping loved ones close.

Not only is the setup versatile, but the location is top-notch too! Living in Hamilton South means you’re just a hop, skip, and a jump away from shopping at Westfield, dining at The Junction, or surfing the waves at Merewether Beach. And if golf or a day at the races is your thing, you’re perfectly placed with Merewether Golf Club and the local jockey club just around the corner. It’s all about lifestyle here, and this property delivers it in spades.

– Single level home on 556sqm currently configured as two separate units
– Two separate driveways each with a carport
– One bedroom unit currently returning $350pw
– Two bedroom unit currently returning $510pw
– All three bedrooms fitted with built-in robes, two kitchens appointed with a gas stove
– Zoned Merewether Public school and Newcastle High, 900m to Merewether High
– 2.6km to Marketown and Newcastle Interchange
– 3.5km to Merewether Beach and Bar Beach

Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.