Completed only six months ago, this Torrens title brick and Colorbond triplex at 24 Lavender Street, Cessnock is being sold in one line. It gives investors three modern units with low upkeep on a generous 942m² block. Together they return a combined gross rent of $1,600 per week, about $83,200 a year plus the added bonus of the builder's warranty.
There's one 3-bedroom unit and two 2-bedroom units, so you get a spread of rents and steady demand from tenants. With Torrens title, there are no strata levies and you keep long-term flexibility. It also works well for families who want multi-generational living close to the heart of the Hunter Valley.
Each home has its own entry, garage, laundry, ducted air conditioning and fenced courtyard. They share a wide driveway lined with Colorbond fencing, and street appeal is strong thanks to the charcoal brickwork, white-framed windows and bushland outlook.
UNIT 1 – 3 BED | 2 BATH | 2 CAR
- Main bedroom with walk-in robe and a modern ensuite
- Two more bedrooms, both with built-in robes
- Bright open-plan lounge, kitchen and dining
- Ducted air conditioning
- Kitchen with stone-look benchtops, soft-close cabinetry, dishwasher, stainless steel oven and plenty of storage
- Main bathroom with freestanding bath and glass shower
- Separate laundry - Large garage (5.8 x 5.0m) with internal access
- Covered alfresco and private, low-maintenance grassed yard
UNITS 2 & 3 – 2 BED | 1.5 BATH | 1 CAR (EACH)
- Two bedrooms, both with built-in robes
- Open-plan lounge, kitchen and dining - Ducted air conditioning
- Modern kitchen with quality appliances and generous bench space
- Main bathroom with bathtub and shower - Second toilet in the laundry
- Single garage with internal access - Private fenced courtyard
FEATURES THROUGHOUT
Brick and Colorbond construction Torrens title, sold in one line, 942m² block
Combined gross rent of $1,600 per week (about $83,200 a year)
Balance of the builder's warranty available Ducted air conditioning in all three homes Timber-look flooring, LED downlights and neutral tones Rainwater tanks
All leases end August 2027.
Cessnock is the gateway to the Hunter Valley wine country, with schools, shopping, medical services and the Hunter Expressway all within easy reach. Investors looking for a new, Torrens title triplex in Cessnock won't come across many like this.
Contact Bryce Gibson at LJ Hooker Cessnock today to arrange your inspection.
