Property Highlights:
- A fantastic investment opportunity in the well established suburb of Pelaw Main
- Five units set across a 988 sqm parcel of land
- Unit highlights include;
- Teco air conditioning and ceiling fans
- Exposed brick walls, blinds, curtains and carpet flooring
- Spacious living rooms set at the entrance of the home
- Kitchens with 40mm benchtops, a breakfast bar and a freestanding Chef oven with a 4 burner cooktop
- Three x 2 bedroom units, two x 1 bedroom units, all including built-in robes for convenient storage
- A combined bathroom/laundry with a separate WC
- Low maintenance outdoor areas at the rear of each unit
- A dedicated carport space per unit
Arriving at this well kept complex of five brick and tiled roof units, it's immediately clear that this is an investment opportunity designed for reliability and long term return. Set across a generous 1005.39 sqm block, the offering includes three two-bedroom villas and two one-bedroom villas, each with its own carport positioned at the rear. With tenants already in place and rent secured, this is a ready-made portfolio with the added future potential to strata title and sell individually.
Perfectly positioned, Pelaw Main delivers an easy, connected lifestyle, positioned right beside Kurri Kurri and moments from the Hunter Expressway. From here, Newcastle's beaches, the shores of Lake Macquarie and the iconic Hunter Valley vineyards are all within effortless reach, placing the region's best attractions, dining and services at your fingertips.
Each villa welcomes you with a practical layout and a tidy presentation, enhanced by blinds and curtains that soften the light and provide privacy. The sense of comfort continues as you step into the living room, set at the front of each home and fitted with carpet underfoot, a ceiling fan with a light and a Teco air conditioner to keep temperatures just right.
The kitchen sits nearby, offering a functional workspace with 40mm benchtops, a breakfast bar, a Chef freestanding oven with an electric cooktop and a Mistral rangehood.
Accommodation is comfortable across both the one bedroom and two bedroom units, each fitted with carpet, a ceiling fan with a light and a built-in wardrobe. The combined bathroom and laundry features a shower, a vanity and a separate WC, ensuring everyday practicality is well covered.
Outside, each villa includes its own low maintenance outdoor area, easy to care for, appealing to tenants and ideal for investors wanting a hands off approach.
Opportunities of this scale are increasingly rare, with tenancies in place, and the added upside of future strata subdivision, this is a smart and strategic acquisition for the astute investor. We recommend acting without delay to secure this exceptional property package. Contact the team at Clarke & Co Estate Agents today to arrange your inspection.
Why you'll love where you live;
- A short drive to the Hunter Expressway connecting you to the city, vineyards or coast with ease
- A 5 minute drive to the township of Kurri Kurri for all your everyday needs
- 15 minutes to the city of Cessnock, offering a range of retail, dining and services
- A 20 minute drive to Maitland's CBD and riverside Levee precinct
- 20 minutes from the world renowned Hunter Valley Vineyards
Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
