1 & 2/29 Bangalay Street, Heddon Greta, NSW 2321

Preview

Duplex Semi-detached
Type
5
Bedrooms
3
Bathrooms
2
Parkings
513 m²
Area

Published on Friday, June 19, 2026 ( See property details for 1 & 2/29 Bangalay Street, Heddon Greta, NSW 2321)

Preview

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

A modern, low-maintenance dual occupancy property in Heddon Greta offering strong income potential and long-term growth in a sought-after location.

🏡 Property Highlights

  • Dual occupancy design delivering two established income streams from one property
  • Modern construction completed in 2023 with minimal ongoing maintenance
  • Prime location in high-demand Heddon Greta with excellent access to major transport links
  • Fully ducted air conditioning throughout for year-round comfort
  • North-facing, fully fenced private outdoor spaces for each residence
  • Strong rental appeal with spacious, practical floorplans suitable for broad tenant demographics

✨ Key Features

  • Dual Living
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Garage
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Internal Laundry

Heddon Greta is a highly sought-after suburb known for its strong growth potential, family-friendly community, and convenient access to major transport routes. The area offers excellent local amenities including schools, shopping centres, and recreational facilities like golf courses and cinemas. Its proximity to employment hubs and regional attractions makes it ideal for both investors and families seeking a vibrant, connected lifestyle. The neighbourhood benefits from ongoing demand, ensuring long-term value appreciation.

What are the current rental yields for this dual occupancy property?
The property is designed to generate two separate income streams, offering strong rental yields based on current market rates for similar properties in Heddon Greta.
Are there any restrictions or covenants associated with the R2 Low Density Residential zoning?
The R2 zoning allows for low-density residential development, including dual occupancy, subject to council approval. It is advisable to consult with local council for specific restrictions.
What are the ongoing costs associated with owning this property?
Ongoing costs include land rates approximately $3,110 per annum, water rates around $852 per annum, and maintenance costs typical for brick and tile construction.
Is the property suitable for long-term tenants or short-term rentals?
The spacious floorplans and private outdoor spaces make the property suitable for both long-term tenants and short-term rental options, depending on local regulations.
What is the condition of the property and are there any known defects?
The property was completed in 2023 with modern finishes and minimal maintenance requirements. A thorough inspection is recommended to assess its condition.
Are there any upcoming council or development plans in Heddon Greta that could affect the property's value or use? Have all necessary approvals and permits been obtained for the dual occupancy construction? Are there any easements, covenants, or zoning restrictions that could limit future modifications or development? What are the potential flood or bushfire risks in this area, and has the property been assessed for such hazards? Are there any existing or planned nearby construction activities that could impact noise levels or privacy? Is there any history of structural issues or defects with the property? What are the strata or body corporate arrangements, if applicable, and associated costs? Are there any additional costs or fees not disclosed, such as pest inspections or service charges? Has the property been tested for compliance with current building codes and standards? What are the long-term growth prospects for Heddon Greta and how might they influence this investment?

1 & 2/29 Bangalay Street, Heddon Greta, NSW 2321 - More Details

Preview

Delivering two established income streams from one quality asset, this modern dual occupancy property presents an exceptional opportunity for investors seeking strong returns, low-maintenance ownership, and long-term growth potential. Positioned on a 513sqm parcel in sought-after Heddon Greta, this brick and tile residence combines spacious accommodation, modern finishes, and broad tenant appeal in a location experiencing continued demand.

Purpose-built to deliver dual income from a single holding, this property offers investors the benefits of existing rental returns, zero vacancy exposure, and a modern low-maintenance asset. The well-designed floorplans, generous accommodation, and private outdoor spaces ensure ongoing appeal.

Located in the popular suburb of Heddon Greta, the property enjoys close proximity to local schools, shopping facilities, Kurri Kurri Golf Club and the iconic Heddon Greta Drive-In Cinema. With excellent access to the Hunter Expressway and key employment hubs throughout the region, this is an investment opportunity that combines immediate income with long-term growth prospects.

* Dual occupancy investment with two separate residences on one title
* Main residence featuring three generous bedrooms, two bathrooms, and internal access to a lock-up garage
* Second residence offering two bedrooms, one bathroom and single garage
* Modern construction completed in 2023
* Fully ducted air conditioning throughout for year-round comfort
* Spacious bedrooms and practical floorplans designed for broad tenant appeal
* North-facing, fully fenced rear yards providing private outdoor space for each residence
* Quality brick and tile construction with minimal ongoing maintenance requirements
* Positioned on a 513sqm parcel in a high-demand growth corridor
* Easy access to the Hunter Expressway, connecting Newcastle, Maitland and the Hunter Valley

Zoning: R2 Low Density Residential
Land Area: 513sqm approx
Council: Cessnock
Land Rates: $3110pa approx
Water Rates: $852pa approx

'PREVIEW'
This means the property has just been listed and is in the first weeks of marketing. If you inspect the home, you will be amongst the first buyers to view the property. The sellers have not yet formally set a price for the property as they want to obtain feedback from the market prior to promoting a price. Century 21 will provide you with information on recently sold properties in the area whilst the property is being promoted for sale by Preview. You can definitely buy a property during the 'Preview' promotion, there is no barrier to making an offer to purchase the property. The seller can accept an offer at any time.

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
3
Parkings
2
Area
513 m²

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