22 Naughton Avenue

Positioned on a generous 695m² block in a highly sought after location close to key amenities, this versatile dual income property presents an outstanding opportunity for investors seeking strong rental appeal and future potential. Featuring an older style five-bedroom home plus a three bedroom granny flat, separately metered for water and power, the property is already configured to maximise income opportunities. The main residence offers a practical layout. Living, kitchen and dining spaces flow through the centre of the home, with bedrooms and bathrooms positioned around the perimeter to provide privacy and functionality. Reverse cycle air conditioning services the main living area, while the galley-style kitchen includes a gas cooktop, electric oven and ample storage space. The detached flat adds further value and flexibility. It features an open plan living and dining area, three bedrooms complete with ceiling fans, a modern combined bathroom/laundry and a separate toilet. There is a single carport plus additional off street parking and bus stops nearby. Conveniently positioned in a high demand location walking distance to the university, just over 1km to Jesmond shopping and essential services and only 10km to Newcastle CBD. Showing the expected wear of an established property of its era, there exists a genuine upside for investors looking to add value over time while benefiting from immediate dual rental income. To explore the possibilities this dual dwelling investment offers contact Allen Reece on 0409 814 400 or email sales@reecerealty.com.au.