Overview
|Property ID: LA-9934
Description
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Gillieston Heights is a suburb of the City of Maitland local government area in the Hunter Region of New South Wales, Australia, approximately 5.1 km from the Maitland CBD.
Gillieston Heights is served by Rover Coaches route 164 to Cessnock and Maitland. The rapid population growth in the suburb and other former mining villages in the area has led to calls by Maitland and Cessnock councils to reinstate passenger services on the South Maitland Railway, connecting to Newcastle to ease congestion on regional roads. A new station at Gillieston Heights has been identified as a priority.
Gillieston Heights features a mix of both established homes and numerous new homes built to suit the modern entertainer's lifestyle. Positioned on the Cessnock Road corridor provides ease of access to the Hunter Expressway and the New England Highway. Gillieston Heights has been developed with the natural environment in mind and the design has included ample footpaths for residents to enjoy an active lifestyle. Due to the growth of families in the area, Gillieston Heights features a number of estate purpose built playgrounds.
Additional Details
- Property Type: Cashflow PositiveDual Occupancy
- Property Stage: N/A
- Price: $ 1,095,840.00
- Land Price: $ 520,000.00
- Build Price: $ 575,840.00
- Beds: 4+2
- Bath: 2+1
- Garage: 1+1
- Storey: 1
- Study: N/A
- Power Rooms: N/A
- MPR: N/A
- Powder Room: N/A
- Balcony: 2
- Floor Plan: Bowman
- Completion: N/A
- Land Size: 859.6
- Area Size: 237.50
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 1200.00
- Est. Body Corp.: N/A
- Title Status: Registered
- Gross Per Week: $ 1,200.00
- Gross Per Annum: $ 48,100.00
- Gross Yield: 5.69%
- Capital Growth 12 Months: -1.96%
- Capital Growth 10 Year Annualised: 5.07%
- Vacancy Rate: 1.00%
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