Back 6 Melaleuca Wy
Off Market

6 Melaleuca Wy

Cessnock NSW 2325

5
3
2
0 m²
450 m²
House
Vicky LozanoVicky Lozano, last sold this property on 01 September 2024 after 146 days on market.

Overview

Dual Investment Opportunity!

Dual Home: 1& 2/6 Melaleuca Way, Cessnock Investment Opportunity: dual income property. Recently built in 2023, offering two residences on one title, this meticulously designed property generates a combined rental income of $930 per week or live in one and rent the other for the savvy investors. UNIT 1– 3 spacious bedrooms with built-in robes and fans – The master bedroom offers an en-suite, walk-in robe, and air conditioning. Spacious kitchen with quality appliances and stone benchtops with plenty of cupboard space. A large open-planned tiled dining/lounge that includes air conditioning and opens to a patio / private backyard. Internal access single car remote garage UNIT 2- Thoughtfully designed with two bedrooms, one bathroom, and an open plan living area, kitchen with quality appliances and stone benchtops with plenty of cupboard space and lock-up garage. Both properties have independent entries, ensuring privacy and robust rental yields for savvy investors. Strategically located in The Vines Estate, this property offers convenience to amenities like schools, parks, and shopping centres. Don’t miss this opportunity for financial security in a flourishing real estate market. Contact us today for a private viewing. Features: Unit 1 Current rental $510pw • 3 Bedrooms, 2 Bathrooms (Ensuite to Main) • Open Plan Living, Dining, and Kitchen Area • Split system Air Conditioning • Private Yard with Undercover Alfresco • Separate Internal Laundry, Secure Lock-up Garage with internal access. Unit 2: Currently rented $420 pw • 2 Bedrooms, 1 Bathroom • Open Plan Living, Dining, and Kitchen Area • Dishwasher, Split System A/C • Internal Laundry, Private and Secure Yard Council Rates: $1,800 pa Water: $915.73 Contact Vicky 0402051180 for further information or to book an inspection. DISCLAIMER: The information detailed above is provided by our vendors and as a result, the agent makes no representations as to its accuracy. Interested parties are encouraged to conduct their own due diligence in relation to every property they consider purchasing. All photographs, maps and images are representative and for marketing purposes only.

Features

5 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
0 m² floor area
450 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 6 Melaleuca Wy 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 6 Melaleuca Wy

2024
Sold
Undisclosed
Private Sale/Treaty on 01 Sep 2024 by Vicky Lozano, of @realty - NSW

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, 19 five-bedroom houses similar to 6 Melaleuca Wy, have been sold.

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

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