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Lot 403 – Kanooka Estate – Edgeworth

  • $1,079,280
Cashflow Positive Cashflow Positive SMSF Friendly
Edgeworth, Greater Newcastle, NSW, 2285
Cashflow Positive Cashflow Positive SMSF Friendly
Edgeworth, Greater Newcastle, NSW, 2285
  • $1,079,280

Overview

Property ID: LA-636156
  • Dual Occupancy
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Parking
  • 222.90
  • m²

Details

Updated on September 20, 2024 at 6:16 am
  • Property Type: Dual Occupancy
  • Price: $1,079,280
  • Land Price: $519,000
  • Build Price: $560,280
  • Gross Per Week: $995
  • Gross Per Annum: $51,740
  • Gross Yield: 4.79%
  • SMSF Deposit: $377,748
  • Capital Growth 12 Months: -0.64%
  • Capital Growth 10 Year Annualised: 6.97%
  • Vacancy Rate: 0.51%
  • Property Size: 222.90 m²
  • Land Area: 678 m²
  • Bedrooms: 3+2
  • Bathrooms: 2+1
  • Parking: 1+1
  • Title Status: September 2024
  • Floor Plan: Serpentine Gen L
  • Investor Type: Cashflow Positive
  • Property ID: LA-636156
  • 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*

Kanooka by Australis Properties is a premium development set in a flourishing community in the heart of Lake Macquarie.

Located at Edgeworth, Kanooka enjoys close proximity to the vibrant city of Newcastle, as well as the beautiful Hunter Valley, where you can enjoy all that life has to offer –from city, beaches to vineyards, Kanooka is a place that you want to call home.

Kanooka is situated in the heart of the welcoming and growing community of Edgeworth. This land release has so much to offer – under 30 minutes to the vibrant city of Newcastle, where you can enjoy all that it has to offer – shopping, culture, beaches, as well as recognised education and business centres.

Situated at the doorstep to the Hunter Valley, Kanooka gives you access to world class wineries and restaurants. It’s country style living with all the convenience of being close to the city of Newcastle. Kanooka represents a fantastic opportunity for those in the market to secure an extremely well-located home-site in one of the most sought-after new residential developments in the Hunter Region.

Address

Open on Google Maps
  • Address Greater Newcastle , Edgeworth, NSW, 2285
  • City Greater Newcastle
  • State NSW
  • Postcode 2285
  • Suburb Edgeworth

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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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