FOR SALE
$649,000 - $679,000

43 Melbourne Street
Abermain NSW 2326

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 908m2
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RENOVATED 5 BED COTTAGE WITH STORAGE SHEDS

Situated on a large 908m2 corner block within walking distance to local schools, parks and shops, this recently renovated 5 bedroom home presents a lucrative opportunity for the astute investor!
Offering a rare double income stream, the property boasts a current rental return of $805 per week with a DA approved for subdivision.
The stylishly renovated cottage features a calming neutral colour palette, sleek contemporary bathrooms and a classic modern kitchen, whilst retaining heritage features for character and ambience.
Outdoors, the property has substantial shedding to the rear of the backyard along with rear lane access for extra convenience. Separately fenced off from the main house, the sheds are currently rented out for $250 per week.
Positioned just 6 minutes from the Hunter Expressway and metres from a host of local amenities including Abermain Public School, Bowling Club, public transport, and local bakery & takeaway. With high potential earnings in one of the Hunter's prime growth areas, this is a rare investment opportunity not to be missed for your portfolio.
• Fully renovated 5 bedroom cottage
• Large corner 908m2 block with side and rear lane access
• DA approved for subdivision
• Brand new flooring, fixtures & paintwork throughout
• Classic modern kitchen equipped with stainless steel appliances & dishwasher
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Property Details for 43 Melbourne St, Abermain

43 Melbourne St, Abermain is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 908m2. The place is currently for sale with Raine & Horne Kurri Kurri.

Building Type
House
Land Size
908m2

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About Abermain 2326

The size of Abermain is approximately 15.4 square kilometres. It has 11 parks covering nearly 18.3% of total area. The population of Abermain in 2011 was 2,322 people. By 2016 the population was 2,328 showing a population growth of 0.3% in the area during that time. The predominant age group in Abermain is 0-9 years. Households in Abermain are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Abermain work in a labourer occupation. In 2011, 78.8% of the homes in Abermain were owner-occupied compared with 77.5% in 2016.

Abermain has 1,127 properties.

    There are currently 4 properties listed for sale, and 1 property listed for rent in Abermain on OnTheHouse. According to CoreLogic's data, 50 properties were sold in the past 12 months in Abermain.

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    Carolyn Wallis-Tomlins
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    Dale Jordan
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    Raine & Horne Kurri Kurri
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