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Lot 195 – Gillieston Valley Estate – Gillieston Heights

  • $959,000
Cashflow Positive Cashflow Positive SMSF Friendly
Gillieston Heights, Maitland, NSW, 2321
Cashflow Positive Cashflow Positive SMSF Friendly
Gillieston Heights, Maitland, NSW, 2321
  • $959,000

Overview

Property ID: LA-636324
  • Dual Occupancy
  • Property Type
  • 4+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Parking
  • 240.90
  • m²

Details

Updated on September 19, 2024 at 9:36 pm
  • Property Type: Dual Occupancy
  • Price: $959,000
  • Land Price: $389,000
  • Build Price: $570,000
  • Gross Per Week: $950
  • Gross Per Annum: $48,100
  • Gross Yield: 5.15%
  • SMSF Deposit: $335,650
  • Capital Growth 12 Months: -1.96%
  • Capital Growth 10 Year Annualised: 5.07%
  • Vacancy Rate: 1.00%
  • Property Size: 240.90 m²
  • Land Area: 545.5 m²
  • Bedrooms: 4+2
  • Bathrooms: 2+1
  • Parking: 1+1
  • Title Status: September 2024
  • Floor Plan: Brindabella Gen L
  • Investor Type: Cashflow Positive
  • Property ID: LA-636324
  • SKU: 1001

Description

*Please be advised that some lots/units may need confirmation of availability. Kindly ensure to check availability first by emailing or phoning us.* 

Gillieston Grove, an enchanting new development located in Gillieston Heights, is one of the NSW Hunter Region’s boom locations. Easy proximity to services and infrastructure are paramount for community growth and maximum return on residential investments. 

The Population in Gillieston Heights’ doubled between 2005 and 2011 and is projected to increase by over 60,000 residents over the next 15 years.

Positioned in the heart of the Lower Hunter region, Gillieston Grove is well positioned to benefit from exceptional regional growth. 

Gillieston Grove Estate has the potential for exceptional investment performance with the security of a ‘bricks and mortar’ investment. 

Key Features:

» 40 minutes from the City of Newcastle

» 40 minutes from Newcastle  Airport

» 30 minutes to Hunter Valley Wineries

» 8 minutes to the Hunter Expressway

» 7 minutes from Maitlands CBD

Complete with its own rural setting, offering views to the Brokeback Ranges in the Wollemi National Park, you almost forget modern day conveniences are close by.

Make the short 5km drive to Maitland and take in all the historic town has to offer.  From schools and a hospital to cafes, parks and shopping - everything you need is here.

Travel less than 10km in the other direction and you will soon jump on the new Hunter Expressway –your gateway to Newcastle and Upper Hunter, which cuts commutes by up to 30 minutes.

Address

Open on Google Maps
  • Address Maitland, Gillieston Heights, NSW, 2321
  • City Maitland
  • State NSW
  • Postcode 2321
  • Suburb Gillieston Heights

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SQM Research is an investment research house that specialises in providing accurate research and data to financial institutions, investment professionals and investors.

 

Latitude Property has partnered with SQM Research to provide data across our site to assist investors in making an informed decision.

 

Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

 

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

 

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

 

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

SMSF Friendly

This property can be converted to a single contract suitable for an SMSF at a cost.

SMSF Single Contract

This property is a single-contract property suitable for an SMSF.

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