A rare opportunity awaits at 116 Portland Drive, Cameron Park, where versatility, comfort, and exceptional income potential combine in one remarkable property.
Built in 2023, this two-story townhouse offers three generous bedrooms alongside a separate, self-contained studio above the garage, making it perfect for families, investors, or anyone seeking flexible living arrangements.
Together, these spaces generate a combined rental return of $1,200 per week, with the townhouse returning $760 per week and the studio $440 per week - a truly outstanding investment opportunity.
Step inside the townhouse and you are immediately welcomed by a separate lounge, creating a warm and inviting space for relaxation or entertaining.
Beyond this, a second meals and living area opens seamlessly from a practical, well-designed kitchen, making daily life effortless while providing a perfect hub for family gatherings.
The ground floor also features a separate laundry and convenient downstairs toilet for added functionality.
Upstairs, three generous bedrooms await, each thoughtfully appointed with built-in robes, while the master suite offers a walk-in robe and ensuite for private indulgence.
The main bathroom is ideally positioned to service the remaining bedrooms, and an additional study nook or upstairs living area offers children their own dedicated space to work or play.
Ducted air conditioning throughout the home ensures comfort in every season, while a 6.5kW solar system helps keep electricity bills low.
Outside, the courtyard is both low-maintenance and generously sized, offering a wonderful space for entertaining friends and family all year round.
The separate double garage, accessed from the courtyard, is complemented by a spacious studio above, featuring its own kitchenette, bathroom with self-contained laundry, balcony, and air conditioning - fully self-sufficient and ideal as a secondary income source, a teenager's retreat, or private accommodation for a family member.
Situated in a highly convenient central location, this property is just across the road from Cameron Park Shopping Centre, offering an array of shops and services, and only moments from Harrigans Pub for a casual meal.
Local parks, playgrounds, schools, public transport, the M1 motorway, and the Hunter Expressway are all within easy reach, making this home as practical as it is appealing.
Whether you are seeking a fantastic investment with strong rental returns, a family home with flexible space, or a combination of both, 116 Portland Drive delivers the complete package.
Land Size Approx. 307m2
Strata Rates Approx. $935 Per Quarter
Land Rates Approx. $460 Per Quarter
116 (Townhouse) Returns $750 Per Week
- Lease expires 8/5/26 - Tenants would love to stay
116a (Studio) Returns $440 Per Week
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Lease expires 23/3/26 - Tenants would love to stay
For further information contact the local area's first choice for real estate Troy Duncan on 4950 8555
First National Real Estate Lake Macquarie are your local experts for the Lake Macquarie and Newcastle area, we proudly market this home and are always looking for more homes to sell. If you would like honest, expert advice to achieve excellent results, call us on 4950 8555 to discuss your home.
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