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Lot 228 - Gillieston Valley Estate - Gillieston Heights
Gillieston Heights, Maitland, NSW, 2321$ 990,000
Overview
Property ID: LA-6904
- Cashflow Positive
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 224
Details
Updated on Oct 02, 2024 at 12:08 pm
| Property Type: | Cashflow Positive |
|---|---|
| Price: | $ 990,000 |
| Land Price: | $ 450,000 |
| Build Price: | $ 540,000 |
| Gross Per Week: | $ 995 |
| Gross Per Annum: | $ 48,100 |
| Gross Yield: | 5.23% |
| Capital Growth 12 Months: | 2.67% |
| Capital Growth 10 Year Annualised: | 5.64% |
| Vacancy Rate: | 1.34% |
| Property Size: | 224 m2 |
| Land Area: | 603.1 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 1+1 |
| Title Status: | Registered |
| Property ID: | 6904 |
| 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.*
Gillieston Grove, an enchanting new development located in Gillieston Heights, is one of the NSW Hunter Region’s boom locations. Easy proximity to services and infrastructure are paramount for community growth and maximum return on residential investments.
The Population in Gillieston Heights’ doubled between 2005 and 2011 and is projected to increase by over 60,000 residents over the next 15 years.
Positioned in the heart of the Lower Hunter region, Gillieston Grove is well positioned to benefit from exceptional regional growth.
Gillieston Grove Estate has the potential for exceptional investment performance with the security of a ‘bricks and mortar’ investment.
Key Features:
» 40 minutes from the City of Newcastle
» 40 minutes from Newcastle Airport
» 30 minutes to Hunter Valley Wineries
» 8 minutes to the Hunter Expressway
» 7 minutes from Maitlands CBD
Complete with its own rural setting, offering views to the Brokeback Ranges in the Wollemi National Park, you almost forget modern day conveniences are close by.
Make the short 5km drive to Maitland and take in all the historic town has to offer. From schools and a hospital to cafes, parks and shopping - everything you need is here.
Travel less than 10km in the other direction and you will soon jump on the new Hunter Expressway –your gateway to Newcastle and Upper Hunter, which cuts commutes by up to 30 minutes.
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
Open on Google Maps
Address
Lot 228 - Gillieston Valley Estate - Gillieston Heights
City
Maitland
State
NSW
Postcode
2321
Suburb
Gillieston Heights
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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.
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.
