2 Silsoe Street

Mayfield NSW 2304

Outside, you'll enjoy a large enclosed pool area and a secure workshop area accessible from both the primary residence and the granny flat. All of this is situated on a 657.6m² block.

This property is brilliantly positioned at the end of a cul-de-sac, just 900m from Newcastle Technical College, approximately 1km from the Mayfield shopping district, and about 1.6km from Hamilton Train Station and Hamilton entertainment strip.

With the opportunity for renovations to increase rental returns, or the potential to convert the primary residence into two units for three income streams (subject to council approval), this property offers excellent investment potential.

Under the current set up, the property has an estimated rental return of $1,310 per week.

Water: $915.72 approx. per annum
Council: $2,232 approx. per annum

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