7 King Street, Raymond Terrace NSW 2324

Amongst King Street's heritage streetscape, discover a unique and highly versatile real estate prospect just a few minutes stroll to the town centre, Marketplace and Riverside Park. Once a hotel, it's currently configured as two fully renovated units, 1 x 2 bed and 1 x 1 bed, offering a wealth of opportunity to multi-generational families as well as astute investors. Take advantage of the current dual occupancy and potential rewards of a great performing investment by renting out both, or live in one whilst renting out the other. The three bedroom/two bathroom property could also be converted back to one family home, subject to council approval. Current Rent: 1 Bedroom - $240.00 per week 2 Bedroom - $260.00 per week - Duplex offering two separate homes on one title - Pretty façade with bullnose lacework verandah - Bright, renovated interiors with modern electric kitchen - Bathroom with shower only and internal laundry each - Double carport with allocated space for each unit - Total 447sqm parcel with level backyard - Raymond Terrace public school just 900m from here - Just 20 minutes north of Newcastle and 15 minutes from the airport