Maitland / Cameron Park

3 Acacia Avenue, Waratah West, NSW 2298

Sold

Sold for $567,500 (Apr 12, 2022)

INVESTOR SPECIAL WITH DUAL KEY DA

Forget the renovate or detonate catch phrase. The detonation part has already been done. Purchase the land with approved DA in place and get cracking!

Situated close to the station, the University and Hospital this location is ideal for investors. The approved plans are to construct a dual key property consisting of

– 4 bedroom, 2 bathroom, single remote garage dwelling on one side

– 2 bedroom, 1 bathroom, single remote garage dwelling on the other

When constructed these properties will feature kitchens with caesar stone benches and modern appliances. All 6 bedrooms have built ins and each property will have a private yard.

The larger 4 bedroom property also features an undercover alfresco area and a large walk in pantry whilst the master bedroom has an ensuite and walk in robe.

The land has been cleared and all required certifications are in place, meaning construction can begin as soon as you are ready.

RENTAL APPRAISAL

A combined rental appraisal of over $1,000 per week is based on current rents and in today’s market is likely to be even more once construction is complete!



  • 4 bedroom dwelling = $550 – $570 pw

  • 2 bedroom dwelling = $450 – $460 pw

    For more information on this unique opportunity; contact Paul Hartgers on 0425 392 985.

Paul Hartgers
Director and Licensed Agent
Enquire Now

Got a property to sell? Contact us for a free Property Estimate

Property Info:
  • Property ID: L17283467
  • Property Type: Land
  • Land Area: 512.0 sqm
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We Know Your Area
R&H Suburb Profile: Waratah West

R&H Suburb Summary Houses
Number of sales 40
Average Price $753,850
Median Price $760,000
Median Rental Price $550 p.w.
Change in Rental Rate (5yr) 44 %
R&H Suburb Summary Units
Number of sales 3
Average Price $482,333
Median Price $591,000
Median Rental Price $520 p.w.
Change in Rental Rate (5yr) 41 %
Waratah West, NSW - Median Trend
$760,000
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