FOR SALE
$670,000 - $730,000

782 Main Road
Edgeworth NSW 2285

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 607m2
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MULTIPLE INCOME ON MAIN

A rarity to find this single level 2 or 3 bedroom weatherboard home is nestled on a corner block with two street frontage currently used as an investment & returning a total income of $735 per week. (Lease expiry 16/01/2025)
The home is neat & tidy inside & out and features a lockup car garage & off street parking coming off Main Road. The property features a light filled sunroom & lounge room with timber flooring, high ceilings & reverse cycle air conditioner that opens off the spacious updated kitchen that boasts loads of bench & cupboard space, breakfast bar & dishwasher.
Both bedrooms are spacious, with the master featuring a ceiling fan for added comfort, there is also a small study or nursery that could be converted into a small third bedroom.
The bathroom is bright, neat and easily accessible from all areas & includes a shower over the bath + separate toilet for added convenience.
Step outside to the timber deck at the rear, ideal for barbecues or quiet afternoons overlooking your private backyard.
With a separate laundry for added convenience, this home combines practicality with charm, creating a perfect environment for couples, small families, or those looking to downsize without sacrificing space or ideal for an investor as it is currently returning $495 per week but could easily be increased to $510 per week once the lease has expired.
The property includes a double car garage facing Corden Street, this has been fenced off and is currently returning a rental income of $240 per week for storage. If you're looking for a home with room to have your big shed & a good sized yard then you can combine this area and convert it back into your residence or keep the dual income.
This property is also ideal to knock down the garage and build a granny flat as it has direct street access and granny flats in the area rent out in between $500 - $550 per week so this is a wonderful opportunity for the astute investor.
Land Size Approx. 616m2 with 20.2m Frontage & 30.2m Depth
Land Rates Approx. $474 Per Quarter
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Property Details for 782 Main Rd, Edgeworth

782 Main Rd, Edgeworth is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 607m2. The place is currently for sale with First National Real Estate Lake Macquarie.

Building Type
House
Land Size
607m2

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About Edgeworth 2285

The size of Edgeworth is approximately 7 square kilometres. It has 13 parks covering nearly 11.6% of total area. The population of Edgeworth in 2011 was 6,251 people. By 2016 the population was 6,191 showing a population decline of 1.0% in the area during that time. The predominant age group in Edgeworth is 0-9 years. Households in Edgeworth are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Edgeworth work in a trades occupation. In 2011, 72.5% of the homes in Edgeworth were owner-occupied compared with 70.3% in 2016.

Edgeworth has 3,701 properties. Over the last 5 years, Houses in Edgeworth have seen a 64.35% increase in median value, while Units have seen a 71.42% increase. As at 30 September 2024:

  • The median value for Houses in Edgeworth is $698,806 while the median value for Units is $540,649.
  • Houses have a median rent of $600 while Units have a median rent of $525.
There are currently 41 properties listed for sale, and 8 properties listed for rent in Edgeworth on OnTheHouse. According to CoreLogic's data, 213 properties were sold in the past 12 months in Edgeworth.

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Troy Duncan
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First National Real Estate Lake Macquarie
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