20 Derna Rd, Shortland is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 556m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in July 2015.
Buyers looking for something with a little extra to offer will find that this brick and tile home fits the bill perfectly. An outstanding investment opportunity, this comfortable 2 level brick home offers excellent rental returns, or choose to move in to a generous family home.
Upstairs boasts an amply proportioned living area, with a modern kitchen, large bathroom, and 3 spacious bedrooms with built-in wardrobes. Downstairs is a 4th bedroom with its own bathroom and kitchenette, offering a space which would be ideal as a teenage retreat, granny flat or lovely guest accommodation.
This well designed home is conveniently located about 1km from the University of Newcastle - just a 15 minute stroll. The property is currently rented to established tenants and returning $650p.w. This versatile property is an attractive option for both student and family accommodation. It would make a lovely family home with large sunny grounds for the children and the dog. It is very comfortable as is, or you may wish to eventually renovate.
The size of Shortland is approximately 6.1 square kilometres. It has 11 parks covering nearly 23.5% of total area. The population of Shortland in 2011 was 3,705 people. By 2016 the population was 3,880 showing a population growth of 4.7% in the area during that time. The predominant age group in Shortland is 20-29 years. Households in Shortland are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shortland work in a trades occupation. In 2011, 66.4% of the homes in Shortland were owner-occupied compared with 61.7% in 2016.
Shortland has 2,114 properties.
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