Private inspection available by appointment, Contact Kellie Quinn on 0409 152 888 to arrange a time.
• Gross income of $1,375 per week
• Gross yield is 6.2-6.8% at the asking range
• Singe Torrens title structure - no strata, no levies
Fully tenanted income properties on a single Torrens title are genuinely scarce. This four-unit holding at 243 Maitland Road offers four independent income streams with none of the complexity of strata - one title, one contract, one settlement, no levies.
All four units are currently leased. The property is generating $1,375 per week in gross rental income - an annualised return of $71,500, representing a gross yield of 6.2% to 6.8% across the asking range.
For investors and self-managed super funds seeking immediate, diversified cash flow in a growing regional market, this holding is worthy of serious consideration.
The property comprises four self-contained residences - a combination of one and two-bedroom configurations - with individual access, off-street parking, and rear access via Dowlan Lane. High ceilings, generous proportions and updated kitchens and bathrooms are consistent throughout.
What You’ll Love:
• Four units on one Torrens title - all fully let
• No strata, no levies. Simple single title ownership.
• Mix of 1-bedroom and 2-bedroom configurations - individual access to each tenancy
• Ample off-street parking for multiple vehicles
• Strong regional rental demand
• $1,375 per week gross income - $71,500 annualised
• SMFS eligible with LRBA borrowing - single acquirable asset, no complications
• Rear access via Dowlan Lane to all four residences
• High ceilings and generous room proportions
• 873m2 landholding in the heart of Cessnock
• Growing Hunter region economy
Positioned within easy reach of Cessnock's town centre, with everyday conveniences, schools, medical services and the world-renowned Hunter Valley wine region all close at hand.
What You’ll Find Nearby:
• Cessnock CBD: 900m
• Cessnock Public School: 1.3km
• Cessnock High School: 2.3km
• Cessnock Marketplace: 1.1km
• Cessnock Hospital: 1.8km
• Hunter Valley vineyards: 10min
Four-unit holdings on a single Torrens title with this level of income are rarely offered to the market. Investors and SMSF trustees seeking genuine, diversified cash flow in a proven regional location are encouraged to enquire early
