Lot 2 - Thornton Park - Thornton
Thornton , Maitland, NSW, 2322$ 1,338,030
Overview
Property ID: LA-4155
- Duplex
- Property Type
- 3+3
- Bedrooms
- 2+2
- Bathrooms
- 1+1
- Cars
- 264
Details
Updated on Sep 30, 2024 at 12:26 am
Property Type: | Duplex |
---|---|
Price: | $ 1,338,030 |
Land Price: | $ 650,000 |
Build Price: | $ 688,030 |
Gross Per Week: | $ 1,200 |
Gross Per Annum: | $ 62,400 |
Gross Yield: | 4.66% |
Capital Growth 12 Months: | 6.76% |
Capital Growth 10 Year Annualised: | 8.48% |
Vacancy Rate: | 0.41% |
Property Size: | 264 m2 |
Land Area: | 740 m2 |
---|---|
Bedrooms: | 3+3 |
Bathrooms: | 2+2 |
Parking: | 1+1 |
Title Status: | November 2024 |
Property ID: | 4155 |
SKU: | 1001 |
Description
*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us*
Thornton is a suburb located in the City of Maitland, in the Hunter Region of New South Wales, Australia. It's situated approximately 20 kilometers northwest of Newcastle and around 150 kilometers north of Sydney. Thornton is primarily a residential suburb, but it has a mix of commercial and industrial areas as well.
Thornton is a family-friendly suburb with a population that includes a mix of young families, professionals, and retirees. The suburb offers a variety of housing options, from older established homes to new developments.Thornton is well-connected by public transport. The Thornton railway station is on the Hunter Line, providing access to Newcastle and other nearby towns. The suburb is also conveniently located near major roads, such as the New England Highway and the M1 Pacific Motorway, making it accessible for commuters.
The suburb has a shopping center, Thornton Shopping Centre, which includes a supermarket, various retail stores, and dining options. Additionally, there are several parks, playgrounds, and recreational areas, including Thornton Park and Rotary Park. The suburb also has medical centers, schools, and child care facilities.Thornton has a few educational facilities, including Thornton Public School and several nearby secondary schools. For higher education, residents often commute to Newcastle, which offers universities and TAFE campuses.
There are sports fields, local parks, and a community center offering a range of activities. The suburb is close to the Hunter Valley region, known for its wineries and natural beauty, providing additional recreational opportunities.
Disclaimer*
Reservation Requirements:
1. Completed EOI (Property Reservation form under Fusion CRM Online Forms)
2. Holding deposit receipt (amount TBA)
3. Copy of client's finance pre-approval letter/comfort letter from the broker
4. Copy of client's ID
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
Address
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.