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Lot 213 Cameron Park, Newcastle

Newcastle

New South Wales

Hold

$1,035,459

Dual-Occupancy

A dual-occupancy property is a residential building with two separate living units under one title. Each unit has its own entrance, kitchen, bathroom, and living spaces.

This setup offers several benefits from an investment property perspective, including increased rental income potential and the ability to diversify your tenant base while still sharing the same property. It's a flexible and cost-effective investment option for those looking to maximize their returns.

3+2

2+1

1+1

Property Description

Dual key investment properties are very rare in this development, subject to council approval. The home features 3 bedrooms, 2 bathrooms, and an additional 2 bedrooms and 1 bathroom, is impeccably finished with modern appliances, with 237sqm of living area, it's the ideal choice for savvy investors seeking both space and growth potential in their portfolio in very desirable Edgeworth

Property Details

Property Type

Dual-Occupancy

House area:

Build price:

211sqm

Land area:

Land price:

$545,459

450 sqm

$490,000

Estimated rental return:

Estimated Yield:

$900 - $1000

per week

4.52% - 5.02%

per annum

Floorplan:

Location Overview

Edgewworth ranks 1st on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 8.15% for property investors. Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

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