Take advantage of this unique opportunity to buy into the fast-growing Mayfield East market with this charming property comprising a 3 x 1-bedroom home (with car space) + totally separate 1 x 1-bedroom unit.

With the new 5% deposit, no LMI and a tenant to help pay off your mortgage quickly, this property gives you a home in Mayfield East and an investment property - all in one purchase.

Your tenant will help you pay off your mortgage much faster or lease out one of the properties as an AirBNB for even more income and flexibility!

The entire property is zoned R4 residential high density in a part of Mayfield that has recently undergone significant transformation. The supermarkets, TAFE, Mayfield East Public School, Dangar Park, the bowling club, specialty shops and eateries are an easy stroll away.

The bus stops literally outside the front door on the route to Islington, Hamilton and Newcastle City - and in the opposite direction - a short trip to the Mater Hospital and University of Newcastle.

Both residences are separately metered and smartly updated. There is new electrical wiring throughout and an abundance of natural light, with potential to further renovate and make your own; provide extra space for extended family; or live in one and continue to rent, as is, to the happy tenants.

These unique dwellings offer choice and flexibility – with a guaranteed high rental return – but also a wider range of opportunities to keep increasing value in the future.

Some features:

* Dual-income opportunity that can be used as a residence and/or investment
* Accommodation for extended family
* Each dwelling has a split air conditioning system with remote control plus ceiling fans in most rooms
* Zoned R4 and separately metered
* Bus stop at door, walking distance to all amenities
* Extraordinary rental return

About the 3-bedroom house:

* Recently tenanted (prior to renovation) at $670/week
* Median rent is $750 p/w
* Light and spacious, high ceilings and air conditioning
* New electrical wiring throughout and modern circuit board
* Renovated bathroom and kitchen
* Brand new luxe vinyl flooring and plush carpet
* Three bedrooms with private access from Tarin Lane
* Sunny, low maintenance back garden
* 1 car space with convenient side access via Tarin Lane

About the 1-bedder:

* Currently tenanted at $430/week
* Deceptively spacious with open plan living and raked ceilings, recently refreshed with white paint and new carpet
* Wide, separate entry way with solid front door that blocks out the noise of the outside world
* Full size electric kitchen with meals area linking to the living room
* Liberal size bedroom with walk-in robe
* Split-level bathroom with laundry
* Plenty of on-street parking
* Light, character-filled space perfect for Air BNB

Call Steve to find out more and arrange an inspection.