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402 Glebe Rd

Hamilton South NSW 2303

5
2
1
626 m²
House
Currently for sale - view listing

Overview

Two Residences, One Exceptional Opportunity

Delivering vast flexibility, this dual occupancy property presents an outstanding opportunity for investors, owner-occupiers and multigenerational families alike. With a renovated three-bedroom residence and a separately metered two-bedroom granny flat, it offers the ability to generate dual rental income, live in one while leasing the other or accommodate extended family with complete independence. - Main residence featuring three bedrooms with an open plan living flowing to a private north-facing entertaining deck - Contemporary kitchen with gas cooking, dishwasher and ample storage - Three generous bedrooms, all with built-in robes and ceiling fans - Spacious family bathroom with separate bath and shower, plus additional powder room - Modern granny flat with open plan living, two bedrooms with built-in robes and private outdoor area - Conveniently located just moments to local Cafe's & Restaurants, beaches, Beaumont Street and The Junction - Zoned for Merewether Public School and Newcastle High School - Front residence leased at $670 per week plus granny flat leased at $495 per week - Combined rental return currently $1,165 per week with potential for increase

Features

5 bedrooms
2 bathrooms
1 carspace
626 m² lot size
House

Property history for 402 Glebe Rd

2023
Rented
Undisclosed
Leased on 22 May 2023 by Steven Boyce Property Management
2022
Rented
Undisclosed
Leased on 10 Nov 2022 by Steven Boyce Property Management
2020
Rented
Undisclosed
Leased on 27 Feb 2020 by Presence Real Estate Newcastle

Happy sellers in Hamilton South

84%
84% of sellers in Hamilton South reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 10 reviews in Hamilton South over the last 12 months.

Local market activity for 5 bedroom houses in Hamilton South

In the last 12 months, 2 five-bedroom houses similar to 402 Glebe Rd, have been sold.

This represents a 60% increase in five-bedroom houses sales when compared to the previous 12 months.

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