Kurri Kurri & Muswellbrook
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  • 32 & 32A Morecambe Circuit, THORNTON, NSW 2322

32 & 32A Morecambe Circuit, Thornton, NSW 2322

  • 5 Bed
  • 3 Bath
  • 2garages

Sold

Sold for $950,000 (May 08, 2023)

DUAL OCCUPANCY INVESTMENT OPPORTUNITY ( Dual Key )

Just 4 years young, this quality dual occupancy property is located in the sought after North Thornton Estate and makes an excellent opportunity for investment in the Hunter Valley. With a combined rental return of $740 per week, this high yielding property is a must-inspect for investors. Featuring a 3 bedroom unit on the left and a 2 bedroom unit on the right, dual income properties are unique in that you receive two streams of income and only one set of council rates as the property is on one title. This lucrative property is located in North Thornton Estate, a brand-new residential development with everything at your doorstep to make you feel right at home. Residents living at North Thornton Estate can enjoy a bustling suburban life, while being just a short drive to local schools, shops, healthcare facilities and surrounding rural countryside. North Thornton Estate is located 6km away from the brand new Maitland Hospital and 7.4km from East Maitland which is home to the area's largest shopping centre, Stockland Greenhills. Featuring a range of major retailers such as Woolworths, Coles, David Jones, Target, Big W and Dan Murphy's, plus more than 90 specialty shops from clothes, jewellery, footwear and home wares, this centre has everything you for your daily shop to special events. Plus, less than 15 minutes away, you'll find major suburban cities of Maitland and Raymond Terrace. And just minutes away from the New England Highway and the M1 Motorway, Sydney is within easy reach. The heart of Newcastle is only 30 minutes away by car or a relaxing 19 minutes by train.
• Constructed 2019
• Brick & tile construction
• 606m2 total block size
• Please enquire online to receive water & council rates applicable 32 Morecambe Circuit, Thornton
- 3 Bed 2 Bath 1 Car
• Large modern kitchen equipped with dishwasher & gas cooking
• Split system air conditioning
• Open plan living/dining
• Covered alfresco area
• Single lock-up garage
• Currently leased $415 per week 32A Morecambe Circuit, Thornton
- 2 Bed 1 Bath 1 Car
• Galley-style kitchen equipped with dishwasher & gas cooking
• Split system air conditioning
• Open plan living/dining
• Covered alfresco area
• Two bedrooms appointed with BIR
• Single lock-up garage
• Currently leased $325 per week 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.

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avatar Carolyn Wallis-Tomlins
Carolyn Wallis-Tomlins
Director / Sales Agent | Residential & Stock and Station
avatar Caitlin Sharpe
Caitlin Sharpe
Sales Associate | Kurri Kurri

Got a property to sell? Contact us for a free Request Appraisal

Property Info:
  • Property ID: L22131889
  • Property Type:Duplex
  • Garages:2

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R&H Suburb Profile: Thornton
R&H Suburb SummaryHouses
Number of sales173
Average Price$799,590
Median Price$760,000
Median Rental Price$600 p.w.
Change in Rental Rate (5yr)30 %
R&H Suburb SummaryUnits
Number of sales24
Average Price$524,088
Median Price$527,500
Median Rental Price$490 p.w.
Change in Rental Rate (5yr)23 %
Median Trend - $760,000

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