43 Melbourne Street, Abermain, NSW 2326

Sold

Sold for $630,000 on Sep 30, 2024

RENOVATED 5 BED COTTAGE WITH STORAGE SHEDS

Situated on a large 908m2 corner block within walking distance to local schools, parks and shops, this recently renovated 5 bedroom home presents a lucrative opportunity for the astute investor!

Offering a rare double income stream, the property boasts a current rental return of $805 per week with a DA approved for subdivision.

The stylishly renovated cottage features a calming neutral colour palette, sleek contemporary bathrooms and a classic modern kitchen, whilst retaining heritage features for character and ambience.

Outdoors, the property has substantial shedding to the rear of the backyard along with rear lane access for extra convenience. Separately fenced off from the main house, the sheds are currently rented out for $250 per week.

Positioned just 6 minutes from the Hunter Expressway and metres from a host of local amenities including Abermain Public School, Bowling Club, public transport, and local bakery & takeaway. With high potential earnings in one of the Hunter's prime growth areas, this is a rare investment opportunity not to be missed for your portfolio.

• Fully renovated 5 bedroom cottage

• Large corner 908m2 block with side and rear lane access

• DA approved for subdivision

• Brand new flooring, fixtures & paintwork throughout

• Classic modern kitchen equipped with stainless steel appliances & dishwasher

• Five well sized bedrooms, most appointed with built-in robes

• Elegant modern bathrooms with quality tiling

• 2 x split system A/C

• LED downlights throughout

• Outdoor entertaining deck

• Multiple sheds to rear yard, separately fenced

• Located across the road from local parklands

• Walk to Abermain Public School, Abermain Bowling Club, public transport, local bakery & takeaway shops

• 6 minute drive to Hunter Expressway

• Cottage currently leased $555 per week

• Rear sheds leased separately for $250 per week

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

Carolyn Wallis-Tomlins

Director / Sales Agent | Residential & Stock and Station

Dale Jordan

Sales Associate | Kurri Kurri

Got a property to sell? Contact us for a free Request Appraisal

Property Info:

Property ID: L26167430
Property Type:House
Garages:2
Land Area:908 sqm

Need help with your finance?

Our Broker is always on your side, and we are proud to be helping Australians obtain finance that best suits their circumstances and allows them to realise their property dreams. Your broker will work on your behalf, not the banks, to ensure that you get the most competitive rate within a product best suited to your needs and we do it fast and for free.