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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.
Air Conditioning
Built In Robes
Fully Fenced
High Ceilings
Rear Lane Access
Self Contained Granny Flat