An outstanding opportunity exists for investors to take full advantage of this property's diverse multiple-dwelling footprint and prime Charlestown location. Presenting versatile options for family living or home and income, the large main home boasts air-conditioned living areas, plantation shutters, versatile flooring and well-equipped kitchens. A separate two-bedroom granny flat sits at the property's rear and was constructed in 2020, boasting up-to-the-minute style and also featuring a living room with split-system air-conditioning and a glossy kitchen. Each of these dwellings are crisply presented throughout and offer lock-and-leave convenience. This is the kind of opportunity investors often seek yet rarely find. With the rooftop dining hub, retail stores and cinemas at Charlestown Square within a 5-minute stroll, medical centres on the doorstep, Fernleigh Track minutes away, and the local area short on rental accommodation, 8 Algona Road promises a rewarding and fuss-free property to add to any investment portfolio. - Split-level home configured for rental convenience, plus a modern granny flat - Combined, these dwellings have a potential income return of $1,600 per week - Split-system air-conditioning in each home backed up by ceiling fans in all bedrooms - Fresh and modern throughout, and all enjoy plenty of natural sunlight - Plantation shutters, quality floor coverings and clean, neutral colour palettes - Younger investors may choose to live in one dwelling and rent the others - Set upon a large 758sqm parcel in central Charlestown - 4-min drive to Dudley Beach, 7-mins to Redhead Beach or Warners Bay - 10-min drive to John Hunter Hospital or Newcastle's CBD and harbour