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32 Gillies Street, Kurri Kurri, NSW 2327

32 Gillies Street, Kurri Kurri, NSW 2327 Sold
32 Gillies Street, Kurri Kurri, NSW 2327 32 Gillies Street, Kurri Kurri, NSW 2327-Image 32 Gillies Street, Kurri Kurri, NSW 2327-Image 32 Gillies Street, Kurri Kurri, NSW 2327-Image 32 Gillies Street, Kurri Kurri, NSW 2327-Image 32 Gillies Street, Kurri Kurri, NSW 2327-Image 32 Gillies Street, Kurri Kurri, NSW 2327-Floorplan
House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
892.8 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 32 Gillies Street, Kurri Kurri, NSW 2327)

$790,000 - $840,000

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

A rare, DA-approved subdivision offering a high-yield, multi-income property in a prime growth corridor, ready for immediate development and investment.

🏡 Property Highlights

  • DA-approved Torrens title subdivision with plans ready for construction
  • Secure front dwelling generating $600 per week rental income
  • Potential for three separate income streams post-development
  • Prime location close to hospitals, schools, and major transport links
  • Backed by a 12-month rental guarantee for risk-free investment
  • Shovel-ready opportunity saving time and upfront costs

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Outdoor Area / Balcony
  • Internal Laundry
  • Garage / Secure Parking

Kurri Kurri is a vibrant suburb renowned for its strong community spirit and growth potential. It offers excellent connectivity to major transport routes, proximity to essential amenities such as hospitals, schools, and shopping precincts, and a thriving local economy. The area is ideal for investors seeking high rental yields and future capital growth, supported by ongoing infrastructure development and a strategic location within the Hunter Valley region.

What is the current condition of the existing front dwelling?
The front dwelling is well-maintained, secure, and currently generating a rental income of $600 per week.
What are the plans and timeline for constructing the dual-key property?
Plans are ready for the dual-key development, and as it is shovel-ready, construction can commence immediately, with an estimated timeline to completion to be discussed with the builder.
What are the expected rental incomes for the completed development?
The combined potential rental income is approximately $1,650 to $1,700 per week, with individual streams from the front house and dual-key units.
Is there any ongoing council or development approval costs?
Council contributions have already been paid, and the development is fully approved, reducing upfront costs and red tape.
What are the key features of the dual-key development?
The dual-key plans include a 3-bedroom, 2-bath unit and a 2-bedroom, 2-bath unit, designed to maximise rental income and flexibility.
Are there any additional costs or fees not included in the current purchase price, such as strata or body corporate fees? Have all necessary approvals and permits been obtained, and are there any pending compliance issues? Are there any known defects or issues with the existing structures or land? Is the property located within a flood or bushfire risk zone? Are there any restrictions, easements, or zoning considerations that could affect future development? What is the status of nearby construction or planning activity that could impact the property? Are there any noise or nuisance issues from neighboring properties or infrastructure? Is the property connected to all essential services, including sewer, water, and electricity? Are there any ongoing maintenance or repair costs associated with the property? What are the terms and conditions of the rental guarantee, and are there any restrictions on leasing?

32 Gillies Street, Kurri Kurri, NSW 2327 - More Details

$790,000 - $840,000

Rarely does an asset of this calibre become available in the current marketplace. Whether you are looking to launch a high-yield portfolio or add a powerhouse performer to an existing collection, this DA-approved Torrens title subdivision is the "holy grail" for the savvy investor.

We have de-risked the process for you - plans are ready for a dual-key home at the rear and, crucially, council contributions have already been paid. This is a shovel-ready opportunity that saves you significant upfront capital and months of red tape.

The numbers command attention. The front dwelling is already secured and returning a solid $600 per week. Once the rear dual-key property is constructed, you unlock three separate income streams for a massive potential return of approximately $1,650 - $1,700 per week!*

Connectivity drives tenant demand, and this location delivers on every front. You are a mere 3-minute drive to Kurri Kurri Hospital and only 12 minutes to the M1 Motorway. For daily lifestyle, it's a quick 2-3 minute drive or a flat 10-minute walk to local schools, grocery stores, cafes, and pubs.

If you're an investor, this property is risk free as it comes backed by a 12-month rental guarantee. Speak to the Love Team to find out more.

This isn't just a property; it's a high-yield business model in a prime growth corridor. Opportunities where the heavy lifting is already finished are few and far between. Plans are available on request - act now to secure this triple-income unicorn.

Contact the Love Team on 02 4958 8555 to book your inspection today.

*Based on the front three bedroom home achieving $600 per week, one side of the dual key achieving a rental return of $550 - 600 per week (3 beds, 2 bath), and the other side achieving $500 per week (2 bed, 2 bath) as per existing Approved DA plans.

The information provided to Love Property Group has been sourced from third parties and is intended as a guide only. No guarantee is made regarding its accuracy, and interested parties are encouraged to conduct their own independent inquiries.
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
892.8 m²

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