255 Maitland Road, Cessnock NSW 2325

255 MAITLAND ROAD & 25 DOWLAN LANE, CESSNOCK

MAIN HOUSE - Fronting Maitland Road
- Beautiful features with ornate ceilings, exposed brick work and stunning archways
- Three bedrooms and study or four bedrooms, ceiling fans in three of the bedrooms
- Modern galley style kitchen with separate dining space
- Clean and tidy bathroom with second toilet
- Lounge area with A/C
- Low maintenance, fully fenced yard space with garden shed and double carport
- Currently leased at $430/week with tenants in lease until January 2024
- Potential for rent growth with current market rent value $480/week

GRANNY FLAT - Fronting Dowlan Lane
- One bedroom
- Open plan kitchen, dining & living
- Comfortable bathroom with shower only
- Low maintenance yard space, single carport and garden shed
- Currently leased at $310/week with tenant in lease until March 2024

THE PACKAGE
- Total return of $740/week, immediate return on investment!
- Both tenants currently in lease until early 2024
- Total site size of 841m2
- Only 500m from the CBD of Cessnock, close to East Cessnock Bowling Club, East End Oval and Bridges Hill Park
- Potential to subdivide block STCA

PLEASE NOTE: Photos were taken of both properties prior to the current tenancies commencing