Overview

Invest wisely with this exceptional opportunity featuring both a house and a granny flat, conveniently located just moments from the Cessnock CBD. The property includes a newly built granny flat from 2024 alongside a charming period-style three-bedroom home, all situated on a generous 574 m² block zoned for R3 medium density.

This unique offering provides a combined gross weekly rental return of $980, making it an attractive option for investors seeking high-yield rental income in a prime Cessnock location.

Main House Features:

• Three spacious bedrooms equipped with wardrobes
• A tidy kitchen with ample storage and bench space
• Bathroom and separate laundry facilities
• Single carport
• Currently returning $500 per week with a lease expiring on 8/5/26

Granny Flat Features:

• Two bedrooms with built-in robes, constructed in 2024
• Modern kitchen with a dishwasher
• Open-plan layout designed for functional living
• Reverse cycle air conditioning and gas hot water system
• Off-street parking available
• Currently returning $480 per week with a lease expiring on 9/2/27

The property incurs council rates of $2,884 per annum and water rates of $2,292 over the last 12 months. The combined gross weekly return of $980 offers immediate cash flow potential along with significant future growth opportunities.

Don’t miss out on this rare opportunity; properties like this do not last long. Contact the listing agent today to secure your inspection.

Property Features:

• Split System Air Conditioning
• Outdoor Entertaining Area
• Fully Fenced Yard
• Broadband Connectivity
• Built-In Robes
• One Toilet
• Water Tank

Location