SOLD
Sold on 08 Dec 2023 for $1,020,000

1 Gari Street
Charlestown NSW 2290

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 76m2
Land area: 563m2
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Property Details for 1 Gari St, Charlestown

1 Gari St, Charlestown is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 563m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 5 bedroom House sold in Charlestown in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
76m2
Land Size
563m2
Local Government
Lake Macquarie
Lot/Plan
1088/DP755233

Last Listing description (February 2024)

If you are searching for a dual living property or an astute investment in a booming market.look no further. This unique property in the heart of uber-popular Charlestown offers countless opportunities for those looking to leverage their property purchase.

If you are keen to get your foot in the door of the property market but also own your own home this is the dream! Live in one half of this property and find tenants for the other two-bedroom unit to secure a solid stream of income. Alternatively, this perfectly positioned property just steps from public transport, an easy walk to Charlestown Square's retail, dining and entertainment precinct and minutes from beaches, the lake and mountain bike trails is an outstanding investment property.

Unit 1 has 2 bedrooms, Unit 2 has 3 bedrooms, both have a full kitchen and modern bathrooms, large light-filled living spaces, their own private decks and fully fenced yards. There is a double garage and the opportunity for further off-street parking with two separate driveways. All of these features can be parlayed into any number of opportunities multi-generational family living, a double investment property, your own home and a side income or even the establishment of two Air BnB properties.

Golden investment opportunity in the heart of Charlestown
Two completely separate residences perfect for multigenerational living, investment property or Air BnB
Modern kitchens and contemporary bathrooms
Bright, neutral interiors and polished hardwood floors
Blinds dressing the windows and split system air conditioning and ceiling fans in both properties
Two car garage and additional off-street parking, two separate driveways
Steps from public transport and just 650 metres from Charlestown Square
4 mins to Lake Macquarie Private Hospital, 10 mins to John Hunter Hospital
7 mins to Glenrock mountain bike trails and a further 6 mins on to Merewether Beach, 10 mins to Redhead Beach
7 mins to Westfield Kotara, 8 mins to Warners Bay Foreshore, 14 mins to Beaumont Street

Disclaimer: All information contained herein is obtained from property owners or third-party sources which we believe are reliable. We have no reason to doubt its accuracy, however we cannot guarantee it. All interested person/s should rely on their own enquiries.

Property History for 1 Gari St, Charlestown, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$1,020,000
08 Dec 2023
  • 08 Dec 2023
    Sold for $1,020,000
  • 28 Nov 2023
    Listed for Sale $1,020,000
  • 19 Sep 2018
    Sold for $680,000
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About Charlestown 2290

The size of Charlestown is approximately 7.1 square kilometres. It has 39 parks covering nearly 13.4% of total area. The population of Charlestown in 2011 was 12,411 people. By 2016 the population was 12,918 showing a population growth of 4.1% in the area during that time. The predominant age group in Charlestown is 30-39 years. Households in Charlestown are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Charlestown work in a professional occupation. In 2011, 73.7% of the homes in Charlestown were owner-occupied compared with 72.6% in 2016.

Charlestown has 6,777 properties. Over the last 5 years, Houses in Charlestown have seen a 71.55% increase in median value, while Units have seen a 51.39% increase. As at 31 July 2024:

  • The median value for Houses in Charlestown is $922,523 while the median value for Units is $635,257.
  • Houses have a median rent of $600 while Units have a median rent of $520.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Charlestown on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Charlestown.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.