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Overview
This dual-key property at 73 Lakeside Circuit in Cessnock offers a unique investment opportunity, featuring two separate dwellings on one title. The main residence is a spacious 4-bedroom, 2-bathroom home with a single-car garage, designed for comfortable family living or long-term tenants. The additional 2-bedroom, 1-bathroom flat includes a single carport, providing flexibility and additional rental income potential.
Situated in a popular and growing area, the property benefits from appealing layout and functionality. Both dwellings are tailored to attract secure, long-term tenants, reflected in the existing leases that provide immediate rental returns and stability. The low-maintenance 450 square metre land size makes it manageable for landlords while delivering solid growth prospects in a thriving market.
This property particularly suits investors looking for dual-income stream opportunities in a regional market with established tenant demand. Its combination of comfortable living spaces and separate tenancies mean it can accommodate diverse tenant profiles, enhancing its ongoing rental appeal and investment resilience.
Local Market Insights
In Cessnock, Quiet Listings observed 46 new houses entering the market over the last 30 days, unchanged from 46 in the prior period, with an average advertised asking price of $1,320,005. The property type mix of listed properties is predominantly Houses at 84%, followed by duplexes (15%), and land (2%). The most active agency for houses in the Cessnock area is currently Oliver Myers Properties, representing 50% 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 Cessnock NSW 2325
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