Attention investors! Nestled in the sleepy Hunter Valley locale of Bellbird, just minutes from local vineyards, comes this rare opportunity to secure a lucrative block of 5 quality units.
Currently returning a strong combined rental income of $1,890 per week, all five units are fully tenanted with fixed leases secured until 2026 providing immediate stability.
Each inviting unit comes well appointed with light-filled open plan living and dining, neat modern kitchens, two comfortable bedrooms, one bathroom, a single lock-up garage, and fully fenced private backyards.
Perfectly positioned just 10 minutes from renowned local wineries and 5 minutes from Cessnock's town centre, this is a high-performing, low-maintenance investment ideal for savvy investors seeking multiple income streams in a growth region.
• Neat & tidy complex of 5 x 2 bedroom units
• Large 1,657m2 allotment with flat sealed access to each unit
• Units 1-3 constructed in 1985
• Units 4-5 constructed in 2010
• Private fully fenced backyards to each unit
• 1 x visitor carpark
• 1 x covered wash bay
• Walking distance to Bellbird Bowling Club, local takeaway & Bellbird Hotel
• 6 minutes to Cessnock CBD with Aldi, Coles & Woolworths
• 8 minutes to Bistro Molines, Saddler's Creek Wines & Kelman Vineyards
• 20 minutes to historic Wollombi
Rental Return
• Unit 1: Leased $350 per week
• Unit 2: Leased $350 per week
• Unit 3: Leased $350 per week
• Unit 4: Leased $420 per week
• Unit 5: Leased $420 per week
Total: $1,890 total rental income
Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.
