7 Mahoney Street, Lochinvar, NSW 2321 - More Details
$1,125,000 - $1,155,000
Step inside 7 Mahoney Street and the first impression is one of quality, space and a finish that still feels brand new. Completed less than 12 months ago, this dual-key property has been thoughtfully designed around two independent residences, creating a distinctive investment opportunity where both sides of the property have been considered as homes in their own right.
The Main Residence
The main residence is a spacious three-bedroom, two-bathroom property with a single garage, with the layout immediately drawing you towards the open-plan kitchen, dining and living area.
The kitchen is a real highlight, with a contemporary finish, generous storage and a walk-in pantry that provides the extra space that makes a difference to everyday living.
The dining and living areas flow naturally together, with hard-surface flooring providing a clean, contemporary finish that is also durable and easy to maintain. Upgraded lighting adds to the presentation, while ducted air conditioning provides year-round comfort.
The main bedroom features a walk-in wardrobe and ensuite, while bedrooms two and three each include built-in wardrobes. A second bathroom services the remaining bedrooms, with the single garage completing the main residence.
The Second Residence
The second residence provides a separate two-bedroom, one-bathroom living arrangement with its own kitchen and living spaces.
Designed to operate independently from the main residence, it provides a clearly defined second income-producing residence within the one asset.
Modern finishes continue throughout, including hard-surface flooring, upgraded lighting and ducted air conditioning. The result is a residence that is comfortable, practical and well suited to long-term rental use.
The Investment
Both residences are currently leased, providing a combined rental income of $1,100 per week, or approximately $57,200 per annum.
For a landlord, the specification is another strong part of the proposition. Hard-surface flooring provides a durable and easy-care finish, while upgraded lighting and ducted air conditioning add comfort and appeal without introducing high-maintenance features.
The main residence also benefits from a walk-in pantry, ensuite, walk-in wardrobe and built-in wardrobes, giving the property a level of finish that should continue to present well over time.
Why Age Matters
The fact that 7 Mahoney Street is less than 12 months old is more significant than simply being able to call it near-new.
From 1 July 2027, negative gearing will be restricted for established residential property, while eligible new builds will retain access to the existing arrangements.
For investors, the timing makes the property's age worth paying attention to. You are acquiring a recently completed investment with modern construction, minimal immediate maintenance concerns and the potential benefits associated with a newer property.
There can also be depreciation and capital works benefits associated with newer properties and eligible assets, subject to the property's circumstances and the investor's individual tax position.
The Bigger Picture
Lochinvar is well into a period of substantial growth, with thousands of new homes planned across the wider precinct and significant investment following the residential expansion.
Importantly for investors, the infrastructure is catching up with the housing. Lochinvar Shopping Village is planned as a new local centre anchored by a full-line Woolworths, with specialty retail, food and beverage, a pharmacy, medical services and other everyday amenities. A new 130-place childcare facility is also being delivered nearby.
The result is a suburb that is becoming increasingly self-sufficient, with more of the retail, services and infrastructure that support everyday living being established locally.
Be First to Know
For investors looking for something different, opportunities like this rarely stay under the radar for long. A dual-key property of this age, quality and configuration is not something that comes along every day, particularly when it is being offered before the wider market has an opportunity to see it.
Enquire today to arrange your inspection while 7 Mahoney Street is still being offered off market. Once it reaches the wider market, the opportunity to get in early may be gone.
Use link to make an offer: https://buy.realtair.com/properties/291536
- Type
- Duplex Semi-detached
- Bedrooms
- 5
- Bathrooms
- 3
- Parkings
- 1
- Area
- 450 m²
- House Size
- 232 m²
