For Sale

5 Shearman Avenue, Raymond Terrace, NSW 2324

$610,000 - $640,000

House

Type

Bedrooms

Bathrooms

Parkings

601 m²

Area

Published on Thursday, September 03, 2026 ( See property details for 5 Shearman Avenue, Raymond Terrace, NSW 2324)

$610,000 - $640,000

Kim Hammond Principal | Licensed Sales Agent

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Liam Higgins Director | Licensed Sales

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AI Property Insight

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

A well-positioned three-bedroom home with rental income, potential for dual occupancy, and scope for modernisation, set on a generous block in Raymond Terrace.

🏡 Property Highlights

Currently leased until October 2026 with existing rental income
Potential for dual occupancy, subject to Council approval
Good-sized backyard with drive-through access
Polished timber floors and reverse-cycle air conditioning
Opportunity to modernise the bathroom and add value
Convenient location close to schools, shops, public transport, and town centre

✨ Key Features

Built-in Robes
Polished Timber Floors
Reverse-cycle Air Conditioning
Drive-through Access
Carport
Shed
Good-sized Backyard
Potential for Dual Occupancy
Existing Rental Income
Bathroom Requiring Updating

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5 Shearman Avenue

Raymond Terrace, NSW 2324

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Suburb and Property Insights of Raymond Terrace, NSW 2324

Raymond Terrace offers a vibrant community with excellent amenities, including schools, shopping centres, and public transport. Its strategic location provides easy access to Newcastle and surrounding regions, making it ideal for both families and investors. The area boasts a mix of established homes and development opportunities, supported by ongoing growth and infrastructure improvements.

Frequently Asked Questions

What are the current rental terms and income for this property?

The property is currently leased until 15 October 2026, providing an ongoing rental income stream for investors.

Is there potential to develop or subdivide the property?

Yes, subject to Council approval, the property has potential for dual occupancy or subdivision, offering future growth opportunities.

What renovations could add value to this home?

Updating the bathroom and modernising the interior could significantly increase the property's value and appeal.

How accessible is the property to local amenities?

The property is conveniently located close to schools, shops, public transport, and the town centre, ensuring easy access to daily essentials.

What features make this property suitable for investment?

The existing rental income, potential for dual occupancy, and scope for value-adding renovations make this an attractive investment opportunity.

What to ask about this property to agent?

Are there any planning or zoning restrictions that could affect future development or dual occupancy plans? Has the property been inspected for structural issues or pests? Are there any easements, covenants, or restrictions on the land? What are the council requirements and approval processes for dual occupancy? Are there any upcoming infrastructure projects or developments in the area that could impact the property? Is there any history of flooding or bushfire risk in this location? What are the strata or community management fees if applicable? Are there any known issues with the existing structure or services? What are the total costs involved in renovating or modernising the bathroom? Is the property compliant with current building and safety standards?

5 Shearman Avenue, Raymond Terrace, NSW 2324 - More Details

$610,000 - $640,000

Investors looking for rental income today and future potential will want to take a closer look at 5 Shearman Avenue.

This neat and tidy three-bedroom home is currently leased until 15 October 2026, providing an existing income stream while giving you time to consider the property's longer-term potential.

A key feature of this property is its potential for dual occupancy, subject to Council approval. With a good-sized backyard and convenient drive-through access, the property provides an exciting opportunity for investors looking to explore options to maximise its future potential.

The existing home offers three bedrooms with built-in robes, polished timber floors and reverse-cycle air conditioning. The bathroom would benefit from a makeover, providing an opportunity for the astute investor to add value and modernise the home over time.

Outside, you'll find a carport, shed and a generous backyard with plenty of usable space.

Conveniently positioned close to schools, shops, public transport and the town centre, the property combines a convenient location, existing tenancy and potential for future growth.

Property Highlights
• Three-bedroom home with built-in robes
• Currently leased until 15 October 2026
• Existing rental income
• Potential for dual occupancy, subject to Council approval
• Bathroom requiring updating - an opportunity to add value
• Good-sized backyard
• Drive-through access
• Carport and shed
• Polished timber floors
• Reverse-cycle air conditioning
• Convenient location close to schools, shops, public transport and town

This information has been provided to us by third parties and we do not accept responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.

Type: House
Bedrooms: 3
Bathrooms: 1
Parkings: 1
Area: 601 m²

Map & nearby places — 5 Shearman Avenue, Raymond Terrace, NSW 2324

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Kim Hammond

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5 Shearman Avenue, Raymond Terrace, NSW 2324

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