87 Newcastle Road

Investment Opportunity Corner Block Opposite Park & Walk to Hospital Tenanted Property Current tenancy is achieving $470 per week with a fixed lease, expiring 25th August 2026 relevant notice is required for viewings. This solid 1960-built fibro and tile home sits on a generous 995m² R30 zoned corner block, offering excellent potential for investors or future development (STCA). Currently tenanted at $470 per week on a fixed lease until 25th August 2026, this property provides immediate rental income. Ideally positioned directly across from Rushton Park and less than 350m from Northam Hospital, the location is highly convenient for families and healthcare workers alike. Property Features: · 3 bedrooms, 1 bathroom · Spacious main bedroom with ceiling fan & split system air-conditioning · Kitchen with gas stovetop/oven and pantry · Shower over bath with vanity · Separate toilet located off the laundry · Comfortable loungeroom · Floorboards throughout easy cleaning! · Linen press · Rear patio for outdoor entertaining! · Front verandah perfect place for your morning coffee! · Established gardens · Majority fenced · Side access to backyard · Single car carport Property Details: · Land Size: 995m² · Floor Area: 93m² · Year Built: 1960 · Zoning: R30 Outgoings (approx.): · Water Rates: $1,603.19 pa · Shire Rates: $1,594 pa With its large block size, R30 zoning, corner position, and strong rental return, this property presents a compelling opportunity to invest now and explore future potential. Disclaimer - Whilst every care has been taken in the preparation of this document, accuracy cannot be guaranteed. Prospective purchasers should make their own enquiries to satisfy themselves on all pertinent matters. Details herein do not constitute any representation by the Vendor or the Agent and are expressly excluded from any contract. All information provided in the document regarding boundaries/fences etc are an estimate only and the prospective purchases should make their own enquiries to ensure they are satisfied with their purchase. Property Code: 2130