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Overview
Positioned on a peaceful back street in the highly desirable suburb of Waratah West, 7/47 Leonora Parade offers a fantastic opportunity to own a quality townhouse and move into your new home before the festive season. This property is ideally located near Newcastle University, just 2.5 kilometers away, making it an excellent choice for those who value proximity to education and amenities.
Additionally, the property is situated only 1.4 kilometers from the Mater Hospital and is conveniently placed between several shopping precincts, including Waratah Village (3 km), Mayfield Shopping Centre (3.3 km), Stockland Jesmond (2.7 km), and Lambton Shops (2.5 km). This prime location ensures easy access to a wide range of services and retail options.
Built around 2008, this well-maintained townhouse has been meticulously cared for and is ready for immediate occupancy. It presents a comfortable, modern living environment with a range of attractive features.
Key features of this townhouse include two generously sized bedrooms equipped with built-in wardrobes and ceiling fans, each with a dedicated study nook. The main bedroom also benefits from direct access to an upstairs balcony, providing a private outdoor space to enjoy.
The open-plan living and dining area is designed for comfort and practicality, featuring a ceiling fan and reverse cycle air conditioning to ensure year-round climate control. The kitchen is well-appointed with an electric cooktop, rangehood, and dishwasher, facilitating convenient meal preparation and cleanup.
The bathroom has been modernized and includes a separate bath and shower. The house also offers two separate W.C.s, one upstairs and one downstairs, enhancing accessibility and convenience. Additional practical aspects include an internal access European-style laundry and a lockup garage with additional storage space.
Outdoor areas are both private and secure, with an enclosed rear courtyard and a fully fenced small front grassed yard, ideal for relaxation or entertaining.
Ongoing expenses for the property include strata fees of approximately $807 per quarter, council rates around $420 per quarter, and water charges of about $423 per quarter inclusive of usage. The property also commands a rental return of approximately $625 per week, indicating strong investment potential.
Interested buyers will have access to a strata report to assist in their evaluation of the property. All information has been gathered from sources believed to be reliable, but prospective purchasers are encouraged to perform their own investigations to confirm details.
Local Market Insights
In Newcastle And Lake Macquarie, Quiet Listings observed 21 new townhouses entering the market over the last 30 days, down from 33 during the previous 30-day period, with an average advertised asking price of $938,286. The property type mix of listed properties is predominantly Houses at 69%, followed by apartments (7%), and land (7%). Ray White was the most active agency in this area, representing 23.7% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Waratah West NSW 2298
