Cessnock Dual Occupancy Opportunity for $1,210,451

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Property in Millfield NSW 2325

Cessnock Dual Occupancy Opportunity For $1,210,451

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$1.21M - $1.27M Transparent Transparent Listing Based on an openly advertised listing price.

Duplex 5 Beds 3 Baths 2 Cars 756 m²

Listed: 13 days ago

Updated: 9 hours ago

Overview

Set in the tranquil Millfield Rise Estate within the burgeoning Cessnock region, this brand-new dual occupancy property offers a compelling investment or extended family solution. The 756.4 square metre parcel provides ample space for two distinct residences featuring a contemporary Coastal façade that balances aesthetic appeal with practicality.

The primary dwelling encompasses three generous bedrooms, two bathrooms, and a single garage, designed with modern open-plan living in mind. Complementing this is a separate secondary residence with two bedrooms, a bathroom, and its own garage, creating an excellent dual income stream or multi-generational living opportunity.

Quality of life and functionality are underscored by turnkey inclusions such as stone benchtops, stainless steel kitchen appliances, split-system air conditioning, and roller blinds throughout. Outdoor areas are thoughtfully planned with landscaped, fully fenced yards and covered tiled alfresco spaces, enhancing both privacy and entertaining possibilities. An environmentally conscious 1.8 kW solar power system contributes to efficient running costs.

Beyond the property, residents benefit from Millfield’s relaxed country lifestyle, with convenient access to local schools, shopping centres, wineries, and easy connections to Maitland and Newcastle. This location supports a balanced lifestyle melding rural charm with urban convenience.

Brand new dual occupancy house and land package within Cessnock region
Five bedrooms, three bathrooms, and two garages in total
Modern open-plan layouts and high-quality finishes throughout
Fully fenced landscaped allotment with undercover alfresco area
Strong rental yield projected at 4.30%–4.51%, with combined rental return around $1,000–$1,050 per week

This dual dwelling embodies a prudent investment, delivering contemporary living standards and rental income potential in a growth corridor of regional New South Wales.

Local Market Insights

In Millfield, Quiet Listings observed 4 new duplexes entering the market over the last 30 days, down from 11 during the previous 30-day period, with an average advertised asking price of $1,078,378. The property type mix of listed properties is predominantly Houses at 67%, followed by duplexes (13%), and land (10%). The most active agency for duplexes in the Millfield area is currently Blue Hill Real Estate, representing 50% of new listings, followed by @Realty with 25%. 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.