Price Undisclosed

6 Bed  •  2 Bath  •  3 Car  •  945m²

Main view of Homely house listing, 8 Stephen Street, Cessnock NSW 2325
Second view of Homely house listing, 8 Stephen Street, Cessnock NSW 2325
Third view of Homely house listing, 8 Stephen Street, Cessnock NSW 2325
+12

Sold

8 Stephen Street, Cessnock NSW 2325

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Price Undisclosed

  • 6
  • 2
  • 3
  • 945m²

House Sold on Wed 1 Dec, 2021

What's around Stephen Street

House description

“Dual Occ Investment Opportunity”

Located in a quiet street just moments from the heart of Cessnock this dual income property provides a fantastic income and loads of future potential.

The original 4 Bedroom home at the front of the block boasts high ceilings, a large undercover outdoor area and is currently leased at $355 pw to long term tenants who would love to stay.

8a is a near new granny flat, built to the highest standard it features 2 bedrooms with built-ins, open plan living areas and attached carport. This is currently leased at $300 per week.

This property offers a combined $655 per week rental income straight away with potential to add value to the front house and increase the rental return, being on one title there are no strata fees and only one lot of council rates & water fees.

Some of the key features on offer here are
• Dual occupancy already set up and running with great tenants and instant return
• High quality granny flat build
• Multiple potential uses, live in one rent one, rent both, live in one home business in the other
• Great street appeal with the original cottage style home
• Potential to add value to the front home

*please note that the interior photos of the front house are existing from when the property were last leased.
The information contained herein has been provided by people we believe are reliable, however all interested persons should reply on their own inquiries.

Land details

Area: 945m²

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