Lot 4 New Road Morisset, NSW 2264
Morisset, Lake Macquarie City Council, NSW, 2264$ 1,223,169
- Dual Occupancy
- Property Type
- 3+2
- Bedrooms
- 2+1
- Bathrooms
- 1+1
- Cars
- 221
Details
Updated on May 22, 2026
| Property Type: | Dual Occupancy |
|---|---|
| Price: | $ 1,223,169 |
| Land Price: | $ 510,000 |
| Build Price: | $ 713,169 |
| Gross Per Week: | $ 1,225 |
| Gross Per Annum: | $ 63,700 |
| Gross Yield: | 5.10 - 5.31% |
| Capital Growth 12 Months: | 4.56% |
| 10Yr Annualised Growth: | 9.15% |
| Vacancy Rate: | 0.59% |
| Property Size: | 221 m2 |
| Land Area: | 519 m2 |
|---|---|
| Bedrooms: | 3+2 |
| Bathrooms: | 2+1 |
| Parking: | 1+1 |
| Title Status: | July 2026 |
| Property ID: | 24644 |
| SKU: | 1045 |
| Sold: | Jun 17, 2026 |
Features
- Full Turnkey finish
- Colorbond roof
- 20mm manufactured stone kitchen benchtop
- Cold water to fridge space
- 600mm Stainless steel kitchen appliances
- Roller blinds throughout (exc wet rooms)
- Reverse cycle/split system air-conditioner in living and main bedroom
- 2550mm high ceilings
- Ceiling fans to bedrooms
- Approximately 1.8kw solar power system
- Undercover tiled alfresco area
- Fully fenced, turfed & landscaped
Forecasted value over 20 Years
Forecasted value is based on the 10 Year annualised growth.
Description
Situated in the thriving suburb of Morisset, this Dual Occupancy presents an excellent opportunity for modern living and investment. With 3 bedrooms, 2 bathrooms and 1 car space/s, it is thoughtfully designed to suit today's lifestyle needs. Its efficient use of space ensures comfort while maintaining low maintenance requirements. Ideal for investors, it offers a strong balance of rental appeal and future growth potential. A smart choice in a high-demand location.
Morisset is a fast growing lakeside suburb positioned between Sydney and Newcastle. Rail access, retail expansion and new estates are driving strong housing demand. Lifestyle appeal near Lake Macquarie supports rental growth. Investors choose Morisset for connectivity and long term upside.
This Dual Occupancy in Morisset is more than just a property, it's a secure, future-ready investment. Combining location, design and return potential, it makes a valuable addition to any portfolio. A choice that blends stability with opportunity.
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.
Floor plans
Address
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Colac, Colac Otway, VIC, 3250ENQUIRE ABOUT THIS PROPERTY
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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.
SMSF Single Contract