
Overview
Property ID: LA-12047
- Duplex
- Property Type
- 4+4
- Bedrooms
- 2+2
- Bathrooms
- 1+1
- Cars
- 339
Details
Updated on Apr 03, 2025 at 05:07 pm
Property Type: | Duplex |
---|---|
Price: | $ 1,230,655 |
Land Price: | $ 400,000 |
Build Price: | $ 830,655 |
Gross Per Week: | $ 1,300 |
Gross Per Annum: | $ 67,600 |
Gross Yield: | 5.49% |
Capital Growth 12 Months: | 8.33% |
Capital Growth 10 Year Annualised: | 8.41% |
Vacancy Rate: | 1.53% |
Property Size: | 339 m2 |
Land Area: | 700 m2 |
---|---|
Bedrooms: | 4+4 |
Bathrooms: | 2+2 |
Parking: | 1+1 |
Title Status: | Titled |
Property ID: | 12047 |
SKU: | 1011 |
Description
This is a duplex property located in Vineyard Grove Estate, Cessnock NSW. Each unit features a well-thought-out layout with 4 bedrooms, 2 bathrooms, a single garage, and alfresco space. The property provides a family-friendly lifestyle surrounded by the natural beauty of Mount View. Positioned close to the Cessnock CBD, it offers convenient access to shops, cafes, schools, and other local amenities.
Suburb profile:
Cessnock is located in the Hunter Valley region of New South Wales, approximately two hours from Sydney. It is well-known for its proximity to Australia’s oldest wine region, with over 150 wineries. Cessnock is experiencing population growth and increasing infrastructure development, making it attractive for both investors and families. The region is supported by a diverse economy and offers key amenities such as hospitals, education centres, and transport connections. Hunter Valley is forecasted to add 70,000 new dwellings and 61,500 new jobs by 2036.
Site Inclusions - Site Works, Foundations & Connections:
- Site scrape and/or balanced cut & fill for up to 1500mm fall
- Engineer-designed H2 slab with 600mm piering
- Termite treatment
- Sewer and stormwater connections for up to 600m² sites
- Water and power connections
- House constructed for N2 wind rating
- No retaining walls included
Preliminary Inclusions:
- HIA fixed site works
- Plans and specifications
- Engineers' soil report and slab design
- Council building application fees
Internal Inclusions:
- 2550mm ceiling heights
- 90mm Bluescope steel frame
- Paint grade flush internal doors
- Soft close cabinetry
- Stone benchtops
- Carpet to bedrooms and living
- Main floor tiles to other internal areas
- USB/double power point to kitchen cabinetry
- Internal paint system (3 coat, 2 colours)
- Laundry with 45L trough and cabinet
- Magnetic door stops
- Vinyl sliders to wardrobes
- Light/fan to bedrooms
- Fold-down clothesline
- Pre-wiring for 2 Telstra points
- Smoke detectors
- Exhaust fans to bathrooms
External Inclusions:
- Colorbond roof, fascia and gutters
- Aluminium powder-coated windows
- Auto sectional garage door with 2 handsets
- Paint-grade front and external doors
- Aluminium handrails and balustrades where required
Landscaping Inclusions:
- Up to 70 lineal meters of 1800mm Colorbond fencing
- One Colorbond gate
- 60m² of coloured concrete driveway, front path and porch
- 300m² A-Grade turf
- One 15m² garden bed with edging, plants, and mulch
- Wall-mounted clothesline
- Letterbox
- TV antenna and booster
- Two garden taps
Electrical Inclusions:
- Earth leakage safety switch
- Circuit breakers
- Underground power
- Meter box on nearest side
- Downlight to each room
- External parafloods x2
- Two TV points with 5m cable
- Double GPO per room
- GPO for microwave
- USB/DP in kitchen
- Exhaust fans
- Light/fan combo in bedrooms
Appliance Inclusions:
- 600mm stainless steel oven
- Electric ceramic cooktop
- Slide-out rangehood
- Freestanding dishwasher
- 1¾ bowl stainless steel sink
- Cold water point to fridge
- Microwave provision
Upgraded Inclusions:
- Roller blinds throughout (excluding wet areas)
- Split system A/C to living and master bedroom
- External tiled alfresco slab
- Soft close cabinetry
- Additional council fees, kerb cut-out, fly screens, driveway excavation (as part of turnkey)
Energy Efficiency:
- Bulk ceiling insulation R2.5
- Double-sided foil wall wrap
- Energy-efficient aluminium windows and sliding doors
- Electric hot water system
- Weather stripping to external doors
- Water pressure limiting device
- LED downlights
- Approx. 1.8kw solar system
Warranties (provide full details of warranties):
- 6-month maintenance period
- Statutory structural guarantee period
This full turnkey duplex property in Vineyard Grove Estate, Cessnock offers excellent value with premium inclusions, strong rental yield, and proximity to natural and urban amenities, making it a sound investment opportunity.
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.
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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.