10 Fraser St, Jesmond is a 9 bedroom, 4 bathroom House. The property has a land size of 594m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 9 bedroom House sold in Jesmond in the last 12 months.
Secure this high yield investment opportunity walking distance to shopping, University and services. Five bedroom/two bathroom house + four bedroom/2 bathroom flat with two entries allowing the option to separate into three bed/1 bath flat + Studio with kitchenette & ensuite.
Live in one, rent the others or rent all and receive above average rental returns. House potential is $650 pw, granny flat potential is $550 pw plus Studio $400 pw, with a gross total of $1,600 pw.
Main House: All bedrooms have ceiling fans and two include built-in robes. The renovated main bathroom services bedrooms 1,2 & 3 and a combined bathroom/laundry is shared by the bedrooms at the rear. Generous bed 4 can be converted back to its original purpose as loungeroom if leased to family. Kitchen and dining/living are divided by a large breakfast bar/bench and includes reverse cycle a/c.
Granny Flat: Entry is into the open spaced living/kitchen. The combined bathroom/laundry and two bedrooms are at the rear with the third bedroom accessed from the opposite side of the living area. All three bedrooms include built-in robes.
Studio: Adjoins the granny flat with an internal entry via an ensuite which can be closed off to become part of the studio. There is alternative private ingress from an external door. This studio includes a kitchenette.
For more information on this opportunity contact exclusive listing agent Allen Reece on 0409 814 400 or email the sales department sales@reecerealty.com.au
The size of Jesmond is approximately 1.2 square kilometres. It has 10 parks covering nearly 17.4% of total area. The population of Jesmond in 2011 was 2,607 people. By 2016 the population was 3,055 showing a population growth of 17.2% in the area during that time. The predominant age group in Jesmond is 20-29 years. Households in Jesmond are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Jesmond work in a professional occupation. In 2011, 34.5% of the homes in Jesmond were owner-occupied compared with 29.9% in 2016.
Jesmond has 1,568 properties.
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