In a quiet area and close to schools, shops and the Uni lies an investor’s delight with a 7-bedroom brick and tile dwelling divided into 4 fully self-contained units currently returning a combined income of $1510 per week, each with their own car space and sharing a sparkling communal pool, paved outdoor entertaining space and undercover BBQ area.

The dwelling comprises of two units upstairs, connected by a breezeway and facing Turana Parade, and two units below, accessed via Lester Pde.

Unit 1 offers a large open living/family room, 3 oversized bedrooms with built-in robes, large kitchen with dishwasher, breakfast bar and plenty of storage, air-conditioning and large bathroom with concealed laundry – currently occupied by a family on a fixed lease

Unit 2 is a 1-bedroom dwelling with air-conditioning, functional kitchen with gas cooking, bedroom with fan and seating area, bathroom, and elevated views

Unit 3 includes a recently renovated 1-bedroom abode, comprising large lounge with built-in seating, air-conditioning, recently renovated kitchen with gas cooking and plenty of bench space, recently renovated bathroom, walk-in wardrobe, a separate laundry and additional storage room.

Unit 4 is a 2-bedroom with study space, living area, kitchen with gas cooking, air-conditioning and separate laundry.

The well-kept common areas include the pool area, paved entertaining space and an undercover BBQ kitchen area.

1 Lester Parade is in an elevated position overlooking treetop and valley views and is near to schools and the Uni, parks and sporting grounds, Jesmond Village shops and is near feeder roads to major arterial routes.


– 4 well-appointed units with good tenants on a blend of fixed and periodic tenancies
– Combined rental income of $1510 per week
– Reliable income stream for the investor, being apportioned into 4 separate units
– 7 bedrooms and 4 bathrooms in the dwelling
– Air-conditioning in all units
– Sparkling pool and entertaining area including separate undercover BBQ space
– Each dwelling has their own car space
– Central location to schools, shops, parks and sporting-grounds

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All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.