SaleAbermain NSW 2326Other43 Melbourne Street
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Carolyn Wallis-Tomlins
+ 61 0488061192
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John Edmondson
+ 61 0419445594
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For sale

Block_of_units6mo

$649,000 to $699,000

43 Melbourne Street, Abermain, NSW, 2326, Australia

5Bedrooms
2Bathrooms
2Carspots
908 m²Land size
Map of the surrounding area

About this Property

Situated on a large 908m2 corner block within walking distance to local schools, parks and shops, this freshly refurbished property presents a lucrative opportunity for the astute investor! Offering a rare triple income stream, the property boasts a whopping potential rental return of up to $1,000 a week and has the possibility for subdivision (STCA).

The property consists of a stylishly renovated cottage cleverly redesigned into two separate apartments within the one roofline. The 3 bedroom apartment enjoys a possible return of $450 per week, whilst the 2 bedroom apartment could achieve a possible $380-$400 per week return. Each apartment is separately metered and features a sleek neutral colour palette, stylish contemporary bathrooms and classic modern kitchens, whilst retaining heritage features for character and ambience.

Outdoors, the property has substantial shedding to the rear of the backyard along with rear lane access for extra convenience. Separately fenced off from the main house, the sheds are currently rented out for $150 per week.

Positioned just 6 minutes from the Hunter Expressway and metres from a host of local amenities including Abermain Public School, Bowling Club, public transport, and local bakery & takeaway. With massive potential earnings in one of the Hunter's prime growth areas, this is a rare investment opportunity not to be missed for your portfolio!

• Large corner 908m2 block with side and rear lane access
• Renovated dual occupancy style cottage, separately metered
• Possible subdivision (STCA)
• Brand new flooring, fixtures & paint work throughout
• Classic modern kitchens equipped with stainless steel appliances & dishwashers
• Elegant modern bathrooms with quality tiling - 3 bed apartment enjoys a luxurious stand-alone bath
• 1 x split system A/C to each apartment
• LED downlights throughout
• Outdoor entertaining deck
• Multiple sheds to rear yard, separately fenced
• Located across the road from local parklands
• Walk to Abermain Public School, Abermain Bowling Club, public transport, local bakery & takeaway shops
• 6 minute drive to Hunter Expressway
• 3 Bed Apartment: approx. $$450 per week return
• 2 Bed Apartment: approx. $380-$400 per week return
• Sheds: approx. $150 per week return

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
Agency logo
Avatar of C. Click to visit the profile.

Carolyn Wallis-Tomlins

start icon4.8(28 reviews)
Raine & Horne Kurri Kurri
+ 61 0488061192
Avatar of J. Click to visit the profile.

John Edmondson

Raine & Horne Kurri Kurri
+ 61 0419445594
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More Details on 43 Melbourne Street, Abermain NSW

How many bedrooms and bathrooms does 43 Melbourne Street, Abermain have?

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43 Melbourne Street, Abermain is a 5 bedroom, 2 bathroom block_of_units.

Who is the agency that listed 43 Melbourne Street, Abermain?

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The agency who listed 43 Melbourne Street, Abermain is Raine & Horne Kurri Kurri - you can contact the agents here.

How many car spots does 43 Melbourne Street, Abermain have?

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43 Melbourne Street, Abermain is a 2 car spot home.

How much is 43 Melbourne Street, Abermain?

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The price of 43 Melbourne Street, Abermain is $650K - contact the agents to find out more.