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  • 8 Melaleuca Way, CESSNOCK, NSW 2325

8 Melaleuca Way, Cessnock, NSW 2325

  • 5 Bed
  • 3 Bath
  • 2garages

For Sale

Preview

Dual Income Property Minutes from Hunter Valley Vineyards

Nestled within Cessnock's popular The Vines Estate, just minutes from local wineries, comes this well-built dual occupancy property, perfect for investors looking for a quality Hunter Valley investment.

Constructed in 2023, investors can take advantage of the generous tax depreciation on offer for newly built properties whilst enjoying a high yielding dual income stream with both units currently tenanted for a total of $1120 per week.

Stylishly designed throughout with comfortable floorplans and quality fixtures, all the essentials are here for low key contemporary living that will appeal to a variety of tenants.

Both units feature modern conveniences including dishwashers, split system air conditioning, gas cooking and open plan living/dining areas. Sleek kitchens feature woodgrain cabinetry and moody feature tiling, whilst the lux bathrooms are fresh and modern with woodgrain vanities and quality fixtures.

Outdoors, sunny alfresco entertaining areas are appointed to both units overlooking low maintenance fully fenced yards.

Located just 5 mins from the Cessnock township and minutes from popular local wineries including Savannah Estate and Saddlers Creek Wines - this property won't disappoint!

3 Bedroom Unit

• Combined living & dining area

• Modern kitchen with stainless steel appliances including gas cooktop & dishwasher

• Three bedrooms with built in robes

• Master bedroom has walk-in robe & private ensuite

• Split system A/C to master & lounge

• Fully fenced yard

• Single garage with internal access

2 Bedroom Unit

• Open plan living / dining area

• Gourmet kitchen equipped with stainless steel appliances, stone benchtops, gas cooking & dishwasher

• Two well sized bedrooms with BIR

• All-in-one main bathroom & laundry

• Air conditioning to lounge & master

• Downlights & ceiling fans throughout

• Covered outdoor entertaining area

• Secure fenced yard with grass surrounds

• Single auto lock up garage

Disclaimer: All information is sourced from reliable resources, but we cannot guarantee its accuracy. Interested parties should conduct their own enquiries.

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avatar John Edmondson
John Edmondson
Sales Agent | Residential & Stock and Station

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Property Info:
  • Property ID: L34773500
  • Property Type:Duplex
  • Garages:2
  • Land Area:450 sqm
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R&H Suburb Profile: Cessnock
R&H Suburb SummaryHouses
Number of sales329
Average Price$655,120
Median Price$630,000
Median Rental Price$530 p.w.
Change in Rental Rate (5yr)61 %
R&H Suburb SummaryUnits
Number of sales41
Average Price$472,890
Median Price$481,000
Median Rental Price$450 p.w.
Change in Rental Rate (5yr)50 %
Median Trend - $630,000
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