Lot 203 Ryans Road, Gillieston Heights NSW

Lake Macquarie, NSW, 2321

$ 1,222,686

Lake Macquarie, NSW, 2321
Lot 203 Ryans Road, Gillieston Heights NSW-0
Lot 203 Ryans Road, Gillieston Heights NSW-1

Property Images

Lot 203 Ryans Road, Gillieston Heights NSW-0 Lot 203 Ryans Road, Gillieston Heights NSW-1

Overview

Property ID: LA-11451

  • Duplex
  • Property Type
  • 3+3
  • Bedrooms
  • 2+2
  • Bathrooms
  • 1+1
  • Cars
  • 304

Details

Updated on Mar 10, 2025 at 01:21 pm

Property Type: Duplex
Price: $ 1,222,686
Land Price: $ 430,000
Build Price: $ 792,686
Gross Per Week: $ 1,200
Gross Per Annum: $ 62,400
Gross Yield: 5.10%
Capital Growth 12 Months: 4.67%
Capital Growth 10 Year Annualised: 6.27%
Vacancy Rate: 1.10%
Property Size: 304 m2
Land Area: 726 m2
Bedrooms: 3+3
Bathrooms: 2+2
Parking: 1+1
Title Status: Titled
Property ID: 11451
SKU: 1011

Description

This is a duplex property located in Gillieston Heights, NSW, within the Mountain Views Estate. The property consists of two units, each with a modern design and premium inclusions. With a full turnkey finish, it offers a low-maintenance, high-yield investment opportunity in a rapidly growing area.

Suburb Profile:

Gillieston Heights is a suburb in the Hunter Region of New South Wales, known for its family-friendly environment and close proximity to Maitland and Newcastle. The area is well-connected by major roads and public transport and offers a range of amenities, including schools, shopping centres, and recreational parks. The suburb is experiencing rapid growth, making it a desirable location for investors and homeowners alike.


Site Inclusions:

  • Site scrape and/or balanced cut & fill excavation for up to 1500mm site fall over the building platform
  • Engineer-designed concrete slab for up to “H2” slab with bulk concrete piering (up to 600mm depth)
  • Termite treatment to slab penetrations and physical perimeter barrier
  • Sewer and stormwater connections to existing serviceable points (up to 600m2 lot size)
  • Water connection from pre-tapped main (up to six-meter setback)
  • House constructed for “N2” wind rating conditions

Preliminary Inclusions:

  • HIA fixed site works
  • Plans and specifications
  • Engineers soil report and slab design
  • Council building application fees

Internal Inclusions:

  • 2550mm high ceilings
  • 90mm Bluescope Truecore steel frame
  • Wall-hung vanities with 20mm stone benchtops
  • Soft-close cabinetry in kitchen and bathrooms
  • 600mm stainless steel kitchen appliances
  • Reverse cycle/split system air-conditioner in the living area and master bedroom
  • Ceiling fans to bedrooms
  • 600mm tiled kitchen splashback
  • Ceramic tiling to wet areas and skirting tiles
  • LED downlights throughout
  • USB/double power point in the kitchen

External Inclusions:

  • Colorbond roof
  • Colorbond fascia and gutter
  • Powder-coated aluminium windows
  • Auto sectional garage door with two handsets
  • Undercover tiled alfresco area

Landscaping Inclusions:

  • Fully fenced, turfed, and landscaped
  • Up to 70m of 1800mm high Colorbond fencing
  • One Colorbond gate
  • Up to 60m² broom-finished coloured concrete driveway, front path, and porch
  • Up to 300m² of A-Grade turf
  • One 15m² garden bed with clay paver edge, plants, and mulch

Electrical Inclusions:

  • Earth leakage safety switch and circuit breakers
  • Single-phase underground power connection
  • Smoke detectors with battery backup
  • Pre-wiring for two Telstra phone points
  • Two external paraflood light points
  • Two television points (cabling included, no antenna)
  • Exhaust fans in bathroom and ensuite

Appliance Inclusions:

  • 600mm under-bench oven
  • 600mm electric ceramic cooktop
  • 600mm stainless steel slide-out rangehood
  • Freestanding stainless steel dishwasher
  • 1¾ bowl stainless steel kitchen sink
  • Chrome gooseneck sink mixer
  • Cold water point to fridge space

Upgraded Inclusions:

  • Additional driveway cut and excavation where required
  • Powder-coated aluminium flyscreens on opening windows and doors
  • Carpet to all bedrooms and living rooms
  • Floor tiles to all other internal areas except the garage
  • Fold-down wall-mounted clothesline
  • TV antenna and booster (if required)
  • Roller blinds throughout (excluding wet rooms)
  • Additional split-system air-conditioner to the master bedroom

Energy Efficiency:

  • Bulk ceiling insulation R2.5
  • Double-sided foil wall wrap to external walls
  • Energy-efficient aluminium windows and sliding doors
  • Weather stripping on external doors
  • 1.8kw solar power system
  • Electric hot water system
  • 500KPA water pressure limiting device

Warranties:

  • Six-month maintenance period
  • Statutory structural guarantee period


This duplex property in Gillieston Heights offers an excellent investment opportunity with premium inclusions and a full turnkey finish. Located in a high-growth area with strong rental demand, it provides modern living with energy-efficient features and high-quality finishes.

Duplex Properties offers a unique investment avenue that combines aesthetic appeal with functional design, in most cases presenting two mirror-image living under one roofline.

This arrangement not only maximizes land use but also provides investors with the opportunity to generate substantial rental income from two separate tenancies.

The mirrored layout ensures equality in living conditions, making each unit an attractive option for prospective tenants.

Duplexes are particularly appealing for their ability to offer substantial living spaces, representing standalone homes, which can significantly enhance the property's market value and attract a wide range of tenants. 

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 203 Ryans Road, Gillieston Heights NSW
City Lake Macquarie
State NSW
Postcode 2321
Suburb N/A

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Aus investment Properties has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

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.

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