Cashflow Positive Dual Occupancy

Lot 167 - Gillieston Valley Estate - Gillieston Heights - AUD 960,000.00

$ 960,000.00

Gillieston Heights, Maitland, NSW, 2321

Lot 167 - Gillieston Valley Estate - Gillieston Heights - AUD 960,000.00-featured
Lot 167 - Gillieston Valley Estate - Gillieston Heights - AUD 960,000.00-0
Lot 167 - Gillieston Valley Estate - Gillieston Heights - AUD 960,000.00-1
Lot 167 - Gillieston Valley Estate - Gillieston Heights - AUD 960,000.00-2
Lot 167 - Gillieston Valley Estate - Gillieston Heights - AUD 960,000.00-3

Overview

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Property ID: LA-5777

Bedrooms
3+2
Bathrooms
2+1
Garage
1+1
Year Built
N/A
Area
222.90
Lot Size
N/A sq ft

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.* 

Gillieston Grove, an enchanting new development located in Gillieston Heights, is one of the NSW Hunter Region’s boom locations. Easy proximity to services and infrastructure are paramount for community growth and maximum return on residential investments. 

The Population in Gillieston Heights’ doubled between 2005 and 2011 and is projected to increase by over 60,000 residents over the next 15 years.

Positioned in the heart of the Lower Hunter region, Gillieston Grove is well positioned to benefit from exceptional regional growth. 

Gillieston Grove Estate has the potential for exceptional investment performance with the security of a ‘bricks and mortar’ investment. 

Key Features:

» 40 minutes from the City of Newcastle

» 40 minutes from Newcastle  Airport

» 30 minutes to Hunter Valley Wineries

» 8 minutes to the Hunter Expressway

» 7 minutes from Maitlands CBD

Complete with its own rural setting, offering views to the Brokeback Ranges in the Wollemi National Park, you almost forget modern day conveniences are close by.

Make the short 5km drive to Maitland and take in all the historic town has to offer.  From schools and a hospital to cafes, parks and shopping - everything you need is here.

Travel less than 10km in the other direction and you will soon jump on the new Hunter Expressway –your gateway to Newcastle and Upper Hunter, which cuts commutes by up to 30 minutes.

Additional Details

  • Property Type: Cashflow PositiveDual Occupancy
  • Property Stage: N/A
  • Price: $ 960,000.00
  • Land Price: $ 420,000.00
  • Build Price: $ 540,000.00
  • Beds: 3+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: Serpentine Gen L
  • Completion: N/A
  • Land Size: 572
  • Area Size: 222.90
  • Year Built: N/A
  • Est. Rates: N/A
  • Est. Rent PW: 995.00
  • Est. Body Corp.: N/A
  • Title Status: Registered
  • Gross Per Week: $ 995.00
  • Gross Per Annum: $ 48,100.00
  • Gross Yield: 5.39%
  • Capital Growth 12 Months: -1.96%
  • Capital Growth 10 Year Annualised: 5.07%
  • Vacancy Rate: 1.00%

Property on Map

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