Back 83 Catherine St
Off Market

83 Catherine St

Cessnock NSW 2325

2
1
2
0 m²
1298 m²
House
Last sold for $560,000
Bryce GibsonBryce Gibson, last sold this property on 01 December 2021 after 28 days on market.

Overview

Great Opportunity

This humble weatherboard and iron home, located in the beautiful Hunter Valley is a prime opportunity for redevelopment or to add to your investment portfolio. This home features two good sized bedrooms, tidy bathroom with shower, kitchen with electric cooking, open plan lounge/dining room with air conditioning and combustion heating, separate laundry space off the rear of the property Outside this property has a large single garage and carport, set on a 1298sqm fully fenced yard. There is plenty of yard space and barbeque area available. This generous sized block has the potential for a granny flat or units subject to council approval. This property is in a great position just 2.5km from Cessnock ever growing CBD. There is a current tenant at the property in a fixed term lease expiring January 2022. The current rent return is $310.00 per week. Property Quick Facts: - 2 bedrooms - 1 bathroom - Electric cooking - Fully fenced 1298sqm block -The blocks frontage is 20.13m, back 27.19m, RHS boundary 54.14m, LHS boundary 74.11m. - Potential for granny flat or units subject to council approval - Currently tenanted at $310 per week. - Council Rates $477.90 pq approx - Water Rates $1,220.64 pa approx To find out more about this opportunity please feel free to contact Bryce and the team at LJ Hooker Cessnock.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
0 m² floor area
1298 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Cessnock over the last 12 months, the estimated median property value of 83 Catherine St is $605k.

Median value
$605k
Estimated value range
$370k - $725.5k
Median days on market
32
Estimated value trend
14%
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 83 Catherine St

2021
Sold
$560,000
Private Sale/Treaty on 01 Dec 2021 by Bryce Gibson, of LJ Hooker Cessnock
2017
Rented
Undisclosed
Leased on 18 Jun 2017 by LJ Hooker Cessnock

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 66 reviews in Cessnock over the last 12 months.

Local market activity for 2 bedroom houses in Cessnock

In the last 12 months, 28 two-bedroom houses similar to 83 Catherine St, have been sold.

This represents a 7% increase in two-bedroom houses sales when compared to the previous 12 months.

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