173 Cardiff Road

Elermore Vale NSW 2287

Investors, here's an opportunity you can't miss—two homes, one title, and tenants already in place. Whether you're looking to add to your portfolio or take the first step into property investment, this dual-occupancy property is the definition of set-and-forget convenience. Both properties offer something unique: a modern, light-filled near-new dwelling plus a charming original home with loads of character and future potential.

The original home is brimming with potential and charm, featuring two bedrooms with ceiling fans, built-Ins and fresh carpet. The sunroom doubles perfectly as a study/home office. The living room offers original wood floors and plantation shutters, providing comfort and character, with air conditioning and ceiling fan. The home also offers a spacious kitchen/dining area. The family bathroom has a bath/shower and ample storage. An attached carport and a leafy jacaranda complete the picture. This house is move-in ready and has exciting renovation potential for added value.

The modern additional dwelling is an oasis of peace, having a serene outlook backing onto Ironbark Creek and native reserve. Light-filled and open-plan, this space offers stylish living with wood-look floors, air conditioning, and a private covered deck for outdoor relaxation. Both bedrooms feature built-in robes with mirrored doors, ceiling fans, blinds, and an updated bathroom that also functions as a laundry. This residence, overlooking the park, exudes a peaceful atmosphere.

Put simply, this property offers two rental streams with minimal maintenance—an excellent long-term investment in a prime location, zoned for top schools and just minutes from John Hunter Hospital, Newcastles University, Newcastle City, and Lake Macquarie. With a fully fenced backyard and strong rental history, there's room for growth as the area continues to flourish.Properties like this are rare and snapped up quickly!

- Set on a 472m² block- Dual occupancy on one title—two rental streams, one property earning a combined $940 Per Week in rent.

- No work required—both properties are tenanted and ready to go.

- Zoned for popular schools: Wallsend South Public, Lambton High, and St Philips Christian College. 610m to Wallsend Public School. Less than 5km to Lambton High. 6 minutes to St Philips Christian College and Macquarie College. Close to a multitude of preschools.

- Prime location with excellent transport links to Newcastle, Charlestown and Lake Macquarie, 8 minutes to Newcastle University and John Hunter Hospital, and 18 minutes to local beaches.

- Fully fenced shared backyard—perfect for tenants with pets or kids.

- Solid rental history with room for rent increases in the future as the area continues to grow.