A highly versatile real estate prospect, this classic property is currently configured as two separate flats offering a wealth of opportunity to multi-generational families as well as astute investors, there is also potential to add to the asset with a granny flat in the back yard. (STCA). Take advantage of the current layout and rewards of a dual income investment by continuing to rent out both, currently returning a combined $605 per week, or live in one whilst renting out the other. Positioned on a 468sqm landholding, the three-bedroom, two-bathroom property is positioned directly across the road from the shores of beautiful Lake Macquarie and just minutes from the beach and Belmont town centre. - Single level home on 468sqm parcel with good sized backyard - Front property features one bedroom, lounge room, an electric-equipped kitchen, and bathroom combined laundry, returning $270pw on expired lease - Rear property is more modern and spacious featuring two bedrooms, large lounge room, electric kitchen and bathroom combined laundry, returning $335pw - A few minutes from Belmont town centre, shopping and lakeside cafes - In catchment zone for Belmont public and Belmont high schools - 25 minutes drive from Newcastle CBD * This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.