Rewarding Investment Opportunity in Vineyard Grove Estate

Lot 841 O'Shea Circuit, Cessnock, 2325

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1,069,990 AUDEst. Mortgage: AUD 7,518/monthFor Sale
  • Ownership Type Duplex/semi-detached
  • Property Area 738 sqft
  • Bedrooms 6
  • Bathrooms 4
  • Furnished No
  • Last Updated 28th Feb, 2023

Amenities

Feature that provides comfort, convenience, or pleasure
  • Garage: 2

Property Overview

Modern Turn-Key Duplex Package<br/><br/>A rare and lucrative opportunity, this superb duplex/land offering promises a rewarding return for investors or a fabulous lifestyle option for those wanting to live in one home and rent the other. Both are designed with a thoroughly modern 3-bedroom/2-bathroom footprint with open plan living at the heart and smooth flow to an alfresco retreat and each home offers enough space to house a growing family. <br/><br/>Expect to find all the mod-cons included, such as built-in robes, smooth stone benchtops, air-conditioning and a freestanding bath. Every inch will be finished to a high standard and showcase the latest design trends. A lock-up garage with internal access adds convenience. <br/><br/>Vineyard Grove Estate is a well-connected lifestyle base where you have city conveniences at your fingertips and the Hunter Valley's iconic cellar doors, restaurants and concert venues in easy reach.<br/><br/>Spend leisure time exploring wine country and its many attractions, or head out to local mountain ranges for bush walking, there are endless activities nearby. Cessnock town centre is 5 minutes by car where you'll find several shopping centres and plenty of dining options. Newcastle is 45 minutes away and Sydney just 2 hours, both are accessed via the Hunter Expressway. <br/><br/>Land Size: 737.7m2<br/>Land Price: $435,000<br/>Land Registration: April 2023 <br/>Build Price: $634,990<br/>Full Turn Key Package Price: $1,069,990<br/>Rent Appraisal: $500-$550 per week, per home <br/>Total Rental Return: $1000-$1100 per week <br/>Yield: 4.59%-5.07% gross

Location on Google Map

Lot 841 O'Shea Circuit, Cessnock, 2325

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