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Overview
This unique property at 70 Mcnaughton Avenue, Maryland, offers exceptional versatility with three distinct self-contained living spaces all under one freehold title. Situated in an established family suburb of Newcastle, it provides an outstanding opportunity for investors or extended families to enjoy privacy alongside togetherness.
The existing layout supports up to three independent households, each featuring their own living areas, kitchens, dining spaces, bathrooms, and private entrances. This configuration supports a range of tenants, from students and professionals due to its proximity to the University of Newcastle and local employment centers, to families looking for flexible housing options.
Currently, the property generates multiple rental incomes, demonstrating its potential for investors seeking steady returns. This setup also accommodates multigenerational living arrangements, allowing various family members like parents, adult children, grandparents, or carers to maintain their own space while benefiting from close familial connections.
For buyers interested in creating a large family home, the design offers scope for thoughtful reconfiguration. Opening selected internal walls could unify the spaces, creating extensive communal living zones while retaining the property's considerable seven-bedroom scale, making it adaptable to changing lifestyle needs.
- Three separately configured, self-contained units on a single title enhance privacy and autonomy.
- A total of seven bedrooms and three bathrooms provide ample accommodation.
- Open-plan kitchens and dining areas in each unit encourage relaxed living and flexibility.
- Multiple living areas allow for varied household arrangements.
- Private laundry facilities are available separately or internally for each unit.
- Covered verandahs and patios ensure enjoyable outdoor living throughout the year.
- The fenced yard provides safe and private outdoor space ideal for children or pets.
- Carport plus off-street parking accommodates up to six vehicles, supporting multiple tenants or guests.
The Maryland locale remains popular for its relaxed suburban atmosphere combined with easy access to educational institutions, shopping, parks, and public transport. The surrounding greenery enhances the neighbourhood's welcoming feel while offering proximity to Newcastle’s key employment and lifestyle destinations.
Whether retained as a multi-income investment, shared by an extended family, or transformed into a grand single residence, this property stands out for its scale, independent living flexibility, and adaptability, making it a distinctive and practical choice in the Maryland market.
Local Market Insights
In Maryland, Quiet Listings observed 24 new houses entering the market over the last 30 days, down from 30 during the previous 30-day period, with an average advertised asking price of $976,021. The property type mix of listed properties is predominantly Houses at 76%, followed by townhouses (9%), and duplexes (6%). The most active agency for houses in the Maryland area is currently Ray White, representing 29% of new listings. 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
Market Insights for Maryland NSW 2287
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