Discover the untapped potential of this appealing dual income property, situated on a substantial 1012m2 plot with convenient lane access. Nestled in a serene street within the rapidly growing Bellbird area, this property offers a prime location, just 8 minutes (5.1km) away from Cessnock CBD. Residents will relish the immediate access to parks, schools, fresh produce markets, a service station, and a medical center, all within a mere 1km radius.
Primary Residence:
3 Spacious bedrooms
Single lock-up garage
Low maintenance
Fully fenced
Adorned with high ornate ceilings
Excellent potential for renovation
Large built-in wardrobe in the first bedroom
Granny Flat:
2 bedrooms (both have built-in wardrobes)
1 Bathroom
Split system air-conditioning
Convenient lane access
Fully fenced
Attached carport
Low maintenance
This property boasts a potential combined rental income of $720 – $740 per week, making it a valuable addition to any astute investor’s portfolio. The granny flat is currently tenanted, and the rent will increase to $320 per week on 1st December. As the primary residence is offered with vacant possession, you have the unique opportunity to renovate or immediately capitalize on the rental market, with a potential return of $400 – $420 per week.
Take advantage of this rare opportunity to own a property that offers dual income potential and is strategically located to benefit from both urban amenities and the charm of Bellbird’s growing community.