Sydney Swoopers

Newcastle Herald

Wednesday June 11, 2003

A SYDNEY investor has snapped up a two-bedroom house in Mayfield (pictured) for $200,000.

The buyer intends to use 47 Nile Street as a rental property.

Prue Plint, of Century 21 Plint Real Estate, said the investment property had fetched a higher price than expected.

She said it needed renovations but, with all of its original framework and structure, it held limitless potential.

The 60-year-old house is of a basic size with a small living space and driveway access.

This property was ideal for the investors who were searching for a reasonably priced house to rent.

The new owners intend to undertake some minor structural changes and renovations to both the interior and exterior.