Property Highlight – Hunter Region, NSW
Dual Key – 2 homes, 2 incomes
3 + 2 bedrooms, 2 + 1 bathrooms, 1 + 1 garages
239.1 sqm total house area
$531,888 build cost
497.4 sqm total land area
$425,000 land cost
Land is registered
Total cost for dual key home is $956,833
Rent ready with no more to spend
Rent estimate for dwelling 1 is $500-$550 p/w, dwelling 2 is $400-450 p/w
This home is in a brand new estate, nestled in the Hunter Valley, just 10 mins from Maitland. It’s designed to suit a modern family lifestyle with lots of green space, close to schools, shopping centres and medical facilities.
It’s just 45 mins from Newcastle beaches and city centre, Williamtown RAAF base and Newcastle International Airport.
The location has experienced phenomenal growth over the past two years and supply is racing to catch up with demand.
This property is dual key – two homes in one, offering two income sources. The yield is excellent at an estimated $900-$1000 per week for the two properties combined.
The land is registered which means the building process can commence. Registered land is hard to find so this is a real advantage and bonus to investors to have this registration step completed.
The homes are designed for families, young couples and empty nesters, with single storey living and premium inclusions:
- Full turnkey finish (meaning your tenants can walk straight in and start living in the home with no more for you to spend)
- Ducted air conditioning
- Gas hot water
- 600mm gas cooktop
- 20mm stone kitchen benchtops
- Ceiling fans in bedrooms
- Fully fenced, turfed & landscaped
- 25° pitched Colorbond roof
- 2550mm high ceilings
- Approximately 1.8kw solar power system
- Undercover tiled alfresco area
I love this investment opportunity for so many reasons, but the high yield is the real standout feature.
To find out more, please email or phone me on 0416 049 226.