Back 29 Cameron St
Off Market

29 Cameron St

Jesmond NSW 2299

5
2
1
582 m²
House
Last sold for $860,000
Mathew IulianoMathew Iuliano, last sold this property on 24 November 2021 after 6 days on market.

Overview

Two Homes on One Block Just 1km from the University

Investors and multi-generational families should put this versatile real estate opportunity on their must-see list. Behind the classic three-bedroom home at the front of the block lies a private and separately metred two-bedroom second dwelling at the rear. Reap the rewards of a dual income investment by renting out both with a combined income of $780 per week, or you may choose to live in one residence whilst renting out the other. This property may also suit a blended family or those with grown children saving for their own home, ageing parents, or visitors needing their own space and privacy. Either way it presents as a compelling real estate prospect. Adjoining a grassy reserve at the rear, Cameron Street is wonderfully quiet, yet the university is just five minutes away and it's an easy stroll to Stockland Jesmond for all your shopping needs. - Two self-contained homes on a north facing block of 582sqm - Front property features three bedrooms, air-conditioned lounge and dining spaces, sky-lit kitchen with new appliances, a sunroom/study and an original full-size bathroom with a single garage and fenced backyard. Approximate return of $420-$450pw - Rear property is just four years old and features air-conditioned open plan living, two robed bedrooms, bathroom combined laundry, an electric-equipped kitchen and a secure storage shed, with an approximate rental of $360-$380pw - 12 solar electricity panels on main house - Rear property offers direct access to the grassy reserve behind - 1.3km to Heaton Public school and Callaghan College Jesmond - Land rates are approximately $2000 per year - Water rates are approximately $815 per year Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations.

Features

5 bedrooms
2 bathrooms
1 carspace
582 m² lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Jesmond over the last 12 months.

Property history for 29 Cameron St

2023
Rented
Undisclosed
Leased on 31 Jan 2023 by Laing+Simmons Newcastle Central
2021
Sold
$860,000
Private Sale/Treaty on 24 Nov 2021 by Mathew Iuliano, of First National Newcastle City
2020
Rented
Undisclosed
Leased on 17 Jun 2020 by Dalton Partners The Junction

Happy sellers in Jesmond

97%
97% of sellers in Jesmond reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 16 reviews in Jesmond over the last 12 months.

Local market activity for 5 bedroom houses in Jesmond

In the last 12 months, 1 five-bedroom house similar to 29 Cameron St, have been sold.

This represents a 80% increase in five-bedroom houses sales when compared to the previous 12 months.

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