34 Montrose Ave, Adamstown Heights NSW 2289

And, given its recent construction, the granny flat offers significant depreciation benefits for investors and buyers alike. If you plan to rent the property out, the government allows you to claim over $5000 worth of capital works costs as a tax deduction for each and every year for the next 36 years. This is based on depreciation schedule recently prepared from BMT quantity surveyors which we are happy to pass on.

From split-system air conditioning to solar panels, water tanks, wraparound decking and lush entertaining zones- this address over delivers in every direction.

Main House

-- Four bedrooms, two bathrooms, two living areas and large kitchen, ideal for families or flexible dual living

-- Full internal renovation and extensions with council approval

-- Stylish open-plan kitchen with walk in pantry, gas cooking and garden outlook

-- Double electric oven

-- Rumpus room with direct access to covered alfresco patio and backyard

-- Ceiling fans in all four bedrooms and main living areas

-- Split system air conditioning in living room, rumpus and main bedroom

-- 8 solar panels with 2.5kW system, feeding excess power to the grid

Granny Flat

-- Completed in 2022 with full council approval

-- Two generous bedrooms with built-in robes

-- Skylight, solar hot water, double glazing and oversized insulation

-- Open-plan living with raked 4m ceilings and split system air con

-- Designer kitchen with glass splashback and garden views

-- 3.6m sliding door opening to 27sqm of wraparound decking

-- Ceiling fans in both bedrooms, living area and alfresco

-- Private garden setting and modern comforts throughout

-- Carport parking for two vehicles

Your New Neighbourhood

-- 5min drive to Adamstown Public School (2.8km)

-- 4min drive to Kotara High School (2km)

-- 5min drive to Westfield Kotara (2.3km)

-- 6min drive to Charlestown Square (3.4km)

-- 7min drive to Dudley Beach (4.4km)

-- 6min drive to Merewether Beach (4.4km)

-- 11min drive to Newcastle Foreshore and CBD (6.4km)

-- 11min drive to John Hunter Hospital (6.4km)

-- Approx. weekly rental return: in the vicinity of $900-$950 (Main House)

-- Approx. weekly rental return: in the vicinity of $565 (Granny Flat)

-- Approx. council rates per quarter: $690

-- Approx. water rates per quarter: $323

For more information, please contact Dave Lane or Ryan Lynch on 4967 6770.

Disclaimer:

All information contained herein has been gathered from sources we consider reliable. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties should make and rely upon their own inquiries in order to determine whether or not this information is in fact accurate.