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1 & 1B Ethel Street, Cardiff South, NSW 2285 Sold
1 & 1B Ethel Street, Cardiff South, NSW 2285 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Image 1 & 1B Ethel Street, Cardiff South, NSW 2285-Floorplan

1 & 1B Ethel Street, Cardiff South, NSW 2285

$1,050,000 - $1,150,000

Duplex Semi-detached
Type
5
Bedrooms
2
Bathrooms
2
Parkings
632 m²
Area

Last updated on Wednesday, August 26, 2026 ( See property details for 1 & 1B Ethel Street, Cardiff South, NSW 2285)

$1,050,000 - $1,150,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile duplex semi-detached property offering a high-yield investment opportunity with modern upgrades and excellent central location in Cardiff South.

🏡 Property Highlights

  • Dual income investment with high yields of approximately 6.09%
  • Recently added modern two-bedroom granny flat with contemporary tones
  • Prime central location close to Cardiff shopping precinct, Warners Bay Lake Foreshore, and major transport links
  • Front duplex features high ceilings, split system air conditioning, and polished timber floors
  • Generous land size of 632sqm with off-street parking and a lock-up garage
  • Potential for further rental income growth in a low-density residential zone

✨ Key Features

  • Built-in Robes
  • Air Conditioning
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Floorboards
  • Security Screens / Gates
  • Fully fenced
  • Water tank
  • Pet-Friendly

Cardiff South is a vibrant suburb offering excellent connectivity and amenities, including shopping centres, lakeside recreation, and easy access to major transport routes. It boasts a family-friendly environment with local schools and parks, making it ideal for both investors and residents. The area’s low-density zoning provides scope for future growth, while its central location ensures convenience for daily needs. Proximity to Newcastle City Bypass and train stations enhances accessibility, attracting a diverse community. Overall, Cardiff South combines lifestyle, investment potential, and growth prospects in a sought-after locale.

What is the current rental income and potential for future growth?
The current estimated weekly rental income is approximately $1,230, with potential for growth depending on market conditions and property improvements.
Are there any restrictions or covenants associated with the R2 Low Density Residential zoning?
The R2 zoning allows for low-density residential development, including duplexes and granny flats, subject to council approval and compliance with local planning regulations.
What condition are the properties in, and are there any recent renovations?
The rear granny flat has been recently added with modern tones, and the front duplex features high ceilings, split system air conditioning, and polished timber floors, indicating well-maintained and updated interiors.
Is there off-street parking available for both properties?
Yes, the property includes a single lock-up garage for the front home and an additional off-street parking space for the rear dwelling.
What are the ongoing costs associated with the property?
Land rates are approximately $2,689 per annum, and water rates are around $949 per annum, with additional costs for maintenance and insurance.
Are there any planned developments or zoning changes in the area that could affect property values? Have any building or pest inspections been conducted recently, and are there any known issues? Are there any easements, covenants, or restrictions on the property that could impact future use or development? What are the strata or community title arrangements, if applicable, and associated fees? Is the property located in a flood or bushfire-prone area, and what risk mitigation measures are in place?

1 & 1B Ethel Street, Cardiff South, NSW 2285 - More Details

$1,050,000 - $1,150,000

Attention all astute investors, this dual income investment opportunity offers high yields and opportunity to increase further. The street frontage property offers 3 bedrooms plus single lock up garage. The rear dwelling consists of a recently added two bedroom granny flat with all modern tones. An off street parking space is part of this property also. Internally, the front home possesses high ceilings, split system air-con, lovely timber polished floors. Both properties include modern kitchens and functional bathrooms.

Market rental income is estimated to be in the vicinity of $1,230pw. This could equate to a possible return on investment of approx 6.09%. Located in a central and accessible location to neighbouring infrastructure such as Cardiff shopping precinct, Local Schooling, Warners Bay Lake Foreshore, Newcastle City Bypass and Cardiff Train Station. In addition, convenient proximity to neighbouring Westfield Kotara and Charlestown Square.

Buyers who are wanting to secure high yield income opportunities should immediately enquire!

Zoning: R2 Low Density Residential
Land Area: 632sqm approx
Council: Lake Macquarie
Land Rates: $2689pa approx
Water Rates: $949pa approx

Disclaimer:
We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Type
Duplex Semi-detached
Bedrooms
5
Bathrooms
2
Parkings
2
Area
632 m²

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