$1,100,000

4 Bed  •  4 Bath  •  4 Car  •  918.1m²

Main view of Homely house listing, 18 King Street, Lorn NSW 2320
Floorplan of Homely house listing, 18 King Street, Lorn NSW 2320
Second view of Homely house listing, 18 King Street, Lorn NSW 2320
+7

Sold

18 King Street, Lorn NSW 2320

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$1,100,000

  • 4
  • 4
  • 4
  • 918.1m²

House Sold on Tue 11 Apr, 2023

What's around King Street

House description

“A Recipe for Wealth: 1 Corner Block, 4 Independent Units, A Premium Location, and Long-Term Tenants Each Unit = 1 Bedroom, 1 Bathroom, 1 Carport”

For exclusive access to River Realty VIP properties please join http://bit.ly/RiverVIPs today, or SMS 'RiverVIPS' to 0428 166 755.

The Property Highlights:

The current owners are sad to be moving on from this fantastic investment opportunity, with four self-contained units all on one title. The corner block location offers plenty of off-street parking and low-maintenance lawns with established trees, and the long-term tenants' desire to stay on makes this a set-and-forget addition to the portfolio.

The Location:

Sitting within walking distance of the hustle and bustle of Lorn shopping district, Maitland CBD, transport, and the riverside levee, this property is in a prime location.

Maitland CBD + Levee – 3 min (1.2km)
Stockland Green Hills – 12 min (7.6km)
Newcastle CBD + Foreshore – 43 min (36.2km)

The Style:

Suitable for a wide range of tenants, inside lies a neutral colour palette, with laminate flooring throughout the kitchen and carpet in the living and bedroom areas, with lush lawns and gardens complementing the timeless brick exterior.

The Life:

It's easy to imagine the benefits of this attractive investment option, and easier still to make it happen.

With four self-contained units all on one title, you can benefit from generating multiple streams of long-term rental income with ease. The units are already tenanted by happy long-term occupants, who would love to stay on, ensuring stable and reliable returns for your investment.

Located on a low-maintenance corner block, the property features neat and tidy lawns, established trees, and plenty of off-street parking, making it an attractive option for a wide range of tenants looking for convenience and comfort.

As if the above wasn't enough, 18 King Street sits within walking distance to the vibrant Lorn shopping district, Maitland CBD, and transport. This highly sought-after location ensures constant demand and hints at solid capital growth, making it an excellent investment choice for those looking to generate long-term wealth.

So, whether you're looking to expand or begin your portfolio, this is a deal that's hard to look past. With 4 self-contained units, ample off-street parking, and a prime location within walking distance of shops and transport, 18 King Street Street has all the ingredients you should look for in an investment.

SMS 18King to 0428 166 755 for a link to the online property brochure.

Property features

livingAreas

Living Areas: 4

toilets

Toilets: 4

Other features

Carpeted, Close to Schools, Close to Shops, Close to Transport, Open plan living, Single level home

Land details

Area: 918.1m²

Interactive media & resources

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Fourth view of Homely house listing, 18 King Street, Lorn NSW 2320View more

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18 King Street, Lorn NSW 2320
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