7 Malvern Road, Lemon Tree Passage, NSW 2319

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Sold for $620,000 (Nov 05, 2020)

Waterfront reserve home with rental Income.

The paint is only just drying on this brand NEW 3 bedroom HOTONDO Home constructed on a level block in the popular suburb of Lemon Tree Passage. The home features double lock-up garage (auto door opener & internal access); home theatre room; beautifully appointed kitchen with dining & family room; outdoor ‘al-fresco’ style entertaining area enjoying some water views across the adjoining reserve to Tilligerry Creek; 3 bedrooms; bathroom; ensuite & walk-in-robe to the main & laundry. Includes ducted air-conditioning; quality floor tiles throughout; carpet to the bedrooms & home theatre room; new turf; new left-hand side fence with existing rear & right-hand side fencing; water tank; ‘NBN-ready’ and new clothesline & letter-box. Good side access for the small boat or trailer with double gate access to the back waterfront reserve. appointment. Ideal investment opportunity, currently under lease with a long term tenant until April 2021 with return of o $450 per week

Every care has been taken to verify the accuracy of the information contained in this advertising copy but no warranty (either expressed or implied) is given by Raine & Horne or its agent as to the accuracy of the contents. Purchasers should conduct their own investigations into all matters relating to the proposed purchase of the property.

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Property Info:
  • Property ID: L905219
  • Property Type: House
  • Building / Floor Area: 120 sqm
  • Garages: 2
  • Land Area: 550.0 sqm
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R&H Suburb Profile: Lemon Tree Passage

R&H Suburb Summary Houses
Number of sales 70
Average Price $513,284
Median Price $509,000
Median Rental Price $420 p.w.
Change in Rental Rate (5yr) 14 %
R&H Suburb Summary Units
Number of sales 7
Average Price $369,571
Median Price $295,500
Median Rental Price $350 p.w.
Change in Rental Rate (5yr) 15 %
Lemon Tree Passage, NSW - Median Trend