Lot 251/32 Gladstone Road, Edgeworth NSW

Description

This is a dual occupancy property located in Edgeworth, NSW, within the Cameron Grove Estate. This estate offers a vibrant, family-friendly environment with easy access to shops, dining, cafés, parks, and playgrounds. The estate is well-connected via major arterial roads, ensuring convenience and accessibility. The property is a full turnkey package, ensuring a hassle-free investment opportunity.

Suburb Profile:

Edgeworth is a well-established suburb located in the City of Lake Macquarie, New South Wales. It is known for its strong community atmosphere, excellent local amenities, and proximity to Newcastle, making it an attractive choice for families and investors. The suburb offers a mix of new and established homes, parks, schools, and shopping centers, including the nearby Cameron Park Plaza. Edgeworth benefits from ongoing infrastructure developments and transport links, providing long-term growth potential for property investment.

Site Inclusions:

• Site scrape and/or balanced cut & fill excavation for up to 1500mm site fall over the building platform
• Engineer-designed concrete slab to suit up to "H2" classification with bulk concrete piering (up to 600mm depth)
• Termite treatment to slab penetrations and physical perimeter barrier
• Sewer and stormwater connections to existing serviceable connection points for sites up to 600m²
• Up to 6m setback from front boundary for water connection
• Eight (8) meters plan length of electrical mains
• House constructed for "N2" wind rating conditions (W33)

Preliminary Inclusions:

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

Internal Inclusions:

• 2550mm high ceilings
• 600mm stainless steel kitchen appliances
• 20mm manufactured stone kitchen benchtop
• Reverse cycle/split system air-conditioner in living and main bedroom
• Soft close cabinetry to cupboards
• Cold water point to fridge space for ice maker
• Ceiling fans to bedrooms
• LED downlights
• Bulk ceiling insulation rating R2.5
• Double-sided foil wall wrap to external stud walls

External Inclusions:

• Colorbond roof, fascia, and gutter
• Powder-coated aluminium windows with keyed locks on all opening sashes
• Auto sectional garage door with two handsets
• Undercover tiled alfresco area

Landscaping Inclusions:

• Fully fenced, turfed, and landscaped
• Up to 70 lineal meters of 1800mm high Colorbond fencing
• One Colorbond gate
• Up to 60m² of broom-finished colored 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 & circuit breakers
• Single-phase underground power connection
• Meter box installed on the side nearest to the mains connection
• Double power points in each room
• 240V downlight points in each room
• Two external paraflood light points
• Two television points with 5 lineal meters of cable
• Smoke detectors hard-wired with battery backup
• Pre-wiring for two Telstra phone points
• Exhaust fans to bathrooms and ensuite
• USB/double power point in the kitchen

Appliance Inclusions:

• 600mm under-bench oven
• Electric ceramic 600mm cooktop
• Stainless steel 600mm slide-out rangehood
• Freestanding stainless-steel dishwasher

Upgraded Inclusions:

• Roller blinds throughout (excluding wet rooms)
• Carpet to all bedrooms and living rooms
• External-grade tile finish to alfresco slab
• Wall-mounted fold-down clothesline
• TV antenna and booster as required
• Split system air-conditioning in living room and master bedroom

Furniture Pack Inclusions:

(Not provided)

Energy Efficiency:

• Bulk ceiling insulation rating R2.5
• Energy-efficient aluminium windows and sliding doors
• Weather stripping to hinged external doors
• Electric hot water system
• 500 KPA water pressure limiting device
• Approximately 1.8kW solar power system

Warranties:

• 6-month maintenance period
• Statutory structural guarantee period

Conclusion:

This dual occupancy property in Cameron Grove Estate offers a modern, full turnkey solution in a high-growth location. With high-end inclusions, energy-efficient features, and a strong rental yield, this property presents an excellent investment opportunity. The estate’s connectivity and local amenities further enhance its long-term capital growth potential.

Investors looking to optimise land use and amplify their investment portfolio will find great value in Dual Occupancy Properties.

These properties cleverly accommodate two independent dwellings on a single parcel of land, effectively doubling the potential for rental income.

The design caters to a broad market, including extended families and tenants seeking spacious living options, thereby increasing the property's rental appeal.

The strategic configuration of these properties allows investors to capitalise on the growing demand for versatile housing solutions in both urban and suburban settings.