14/115 Christo Road, Waratah NSW 2298

| 2-bed villa in quiet complex | near uni & hospital | private courtyard | no overlays | comparable sold $690k in 2024 | This property offers a rare combination of modern, low-maintenance living in a well-regarded complex, positioned within a high-demand corridor between Newcastle University and the Mater Hospital. The light-filled open plan and private courtyard deliver genuine appeal for owner-occupiers seeking a lock-and-leave lifestyle, while the strong rental yield potential makes it equally viable for investors. Its competitive edge lies in the scarcity of similar townhouses under $750k in this catchment, with the 2024 sale of 44/115 Christo Road at $690k providing a clear, recent benchmark that supports current pricing. The primary risk is the strata arrangement in a 17-unit complex, which can introduce unexpected levy increases or restrictions on renovations, though no planning risks have been flagged. Buyers should verify the strata records and sinking fund balance to avoid future cost surprises. The opportunity is to secure a property with proven capital growth—6.13% annually on a comparable unit—in a suburb with ongoing demand from university and hospital staff. Hold for steady rental income or live in it while the area appreciates; either way, this is a sensible, low-risk entry into a stable market.