Back 15 Church Street
Off Market

15 Church Street

Cessnock NSW 2325

5
2
2
198 m²
758 m²
House
Sean ThompsonSean Thompson, last sold this property on 13 September 2019 after 237 days on market.

Overview

$700/wk dual income rent (over 6% rental yield) Highly motivated seller!

This three bedroom house is situated right on the doorstep to the towns, shopping centre and facilities nearby. This house provides a phenomenal $400 per week in rental return which makes it an amazing investment opportunity. The property has a separate granny flat located at the rear of the property which could be a perfect extra source of income which also returns $300 a week of its own. Both the house & granny flat have recently been built from its foundations. This means everything has been completed with nothing to fix or update for the next couple of years. The finishes are spectacular with 40mm stone bench tops, floor to roof tiles in the bathroom and A/C with open plan living space. The quality of finishes are consistent through the granny flat as well. The landscaping has also been completed in a manner that is easily maintainable and functional. Both properties have private space and separate living facilities. This is a great investment opportunity returning above 6% yield and for giving an easy living lifestyle. Features: - Perfectly situated on the doorstep of the Hunter Valley wineries and minutes to the shops - Separate self-contained granny flat with floor area of 78 square metres - High quality finishes with nothing to fix or update as both the main house and granny flat are recently built - Close to 6% rental yield for both dwellings combined which makes it a perfect investment opportunity if desired

Features

5 bedrooms
2 bathrooms
2 carspaces
198 m² floor area
758 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Cessnock over the last 12 months, the estimated median property value of 15 Church Street is $900k.

Median value
$900k
Estimated value range
$730k - $1.01m
Median days on market
28
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cessnock. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 15 Church Street

2019
Sold
Undisclosed
Private Sale/Treaty on 13 Sep 2019 by Sean Thompson, of Shartru Agency
2019
Rented
Undisclosed
Leased on 26 Mar 2019 by Raine & Horne Kurri Kurri
2018
Rented
Undisclosed
Leased on 09 Sep 2018 by Raine & Horne Kurri Kurri

Happy sellers in Cessnock

89%
89% of sellers in Cessnock reported that their sale price either exceeded or met their price expectations.

Cessnock stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 65 reviews in Cessnock over the last 12 months.

Local market activity for 5 bedroom houses in Cessnock

In the last 12 months, 18 five-bedroom houses similar to 15 Church Street, have been sold.

This represents a 20% decrease in five-bedroom houses sales when compared to the previous 12 months.

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