58 & 58A Mountain Ash Drive, Cooranbong, NSW 2265

Located in the thriving suburb of Cooranbong, this modern dual occupancy property offers a modern investment with outstanding yield (conservative approximation of 5%)

Ranked #4 in Newcastle/Lake Macquarie for capital growth over the past five years with 84.5% (source: Newcastle Herald – June 2024), Cooranbong is proven as a blue-chip suburb for investment with the outstanding yield of the property offering a quality rental income.

Savvy investors will quickly identify the immediate potential of this home, and with vacancy rates at all time lows, high quality tenants will be lining up to secure this modern home.

Features include, but are not limited to:

Three bedroom, two-bathroom home (Rental appraisal $570/week)

• Three modern bedrooms, all appointed with built-in robes, ducted air-conditioning and ceiling fans. Master bedroom featuring ensuite, walk-in robe.

• Modern kitchen with stone benchtops, gas cooktop, plenty of bench space and stainless-steel appliances.

• Large open plan living and dining area, perfect for the modern family and leading seamlessly onto the alfresco area.

• Concreted and fully covered alfresco area overlooking a fully fenced and low-maintenance yard.

Two bedroom, one-bathroom home (Rental appraisal $470/week)

• Two modern bedrooms, appointed with built-in robes, ducted air-conditioning and ceiling fans.

• Modern kitchen with stone benchtops, gas cooktop, plenty of bench space and stainless-steel appliances.

• Open plan living and dining area, perfect for the modern family and leading seamlessly onto the alfresco area.

• Concreted and fully covered alfresco area overlooking a fully fenced and low-maintenance yard.


Additional features: 2023-build in great condition, ducted air-conditioning system, only 4-5 minutes from M1 Motorway,

The convenience of being close to local shops, schools (public and private), Avondale University and the M1 Motorway make it appealing to all buyers seeking a central location between Sydney and Newcastle.

Quality dual-occupancy properties are extremely sought-after and do not last long so get in quick and take advantage of this opportunity.

Rental Appraisal: $1,040/week ($570/week for three bedroom, $470/week for two bedroom) with the Ellejayne Property Management and Investor Club

DISCLAIMER
Ellejayne Realty have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.