OFF MARKET

5 Maurene Crescent
Charlestown NSW 2290

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Floor area: 197m2
Land area: 1483m2
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Property Details for 5 Maurene Cres, Charlestown

5 Maurene Cres, Charlestown is a 5 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 1483m2 and floor size of 197m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
1970
Floor Size
197m2
Land Size
1483m2
Local Government
Lake Macquarie
Lot/Plan
102/DP31737

Last Listing description (July 2024)

Positioned on a quiet suburban street, this expansive 4/5 bedroom home has immense potential. The property has a certain feel to it, a circular roundabout driveway paved from the road is landscaped and makes you feel like you could be anywhere in the country. Refresh the home and enjoy the spacious living areas and privacy.

As it stands the property is currently surrounded by beautiful trees, landscaping and nature. All of this provides privacy and a picture-perfect backdrop in what is an extremely central and convenient location.

This property provides:

- A massive kitchen with dishwasher and island breakfast bar.
- Large storage cupboards.
- Air-conditioning.
- Indoor/outdoor BBQ area.
- Fully self-contained flat with outdoor entertainment area.
- Large Double Garage with Automatic Door and highly secured locking Workshop.
- Separate High Carport with 15amp/240v power point which is perfect for cars, a caravan or your boat.
- Garden Shed.
- Huge off-road parking areas (6+ cars).

Featuring 5 bedrooms (main with built-ins), or 4 bedrooms and a large study (3.5 x 6 m), 2 bathrooms, 2 kitchens, a formal lounge and dining area with grand windows overlooking the front garden, and family room opening to the rear yard. The second kitchen and bathroom allow for multipurpose functionality.

A flexible configuration of the layout of the house can also accommodate a flat which is really ideal for:

- Ageing parents, growing family or a teenage retreat.
- Dual Income.
- Studio.
- Professional or Health Practitioner to run your own business.
- Office to work from home

This second living area or flat provides:

- Full kitchenette.
- Bathroom.
- Your choice of 1 or 2 rooms.
- Living space.
- Private undercover outdoor entertaining area.
- Can be accessed internally or easily separated to provide external access.

The self-contained flat option provides someone the opportunity to receive 'Dual Income' as either a residential or business rental. SAVE extra office or commercial costs by working from home with space for employees as well.

The additional highly secured air-conditioned room attached to the double garage, has also been used as an office.

Charlestown is one of Newcastle and Lake Macquarie's most sought-after suburbs with close proximity to everything that the Novocastrian lifestyle has to offer. You have both major shopping centres within 10 minutes, beaches within 15 minutes and Lake Macquarie only a 10 minutes' drive down the road. Employment is driven mainly by health and education in Newcastle and Charlestown is in the centre of all of it.

Zoning and Land Features:

- Lake Macquarie City Council - R2 Low Density.
- 8.5m Height of Building.
- 1,486m².
- 6 open car spaces + a high car port with 12w/240v and double lock up garage.

Property features:

- Spacious block.
- Quiet neighbourhood street.
- Offset from the street.
- Dual income opportunity.
- Lease ends: December 2021.
- Current Rental Return: $610 per week / $31,720 per annum.

Disclaimer: Whilst every care is taken in the preparation of the information contained in this marketing, Century 21 Novocastrian will not be held liable for any errors in typing or information. All interested parties should rely upon their own enquiries in order to determine whether or not this information is in fact accurate. Photos have been edited for marketing.

Property History for 5 Maurene Cres, Charlestown, NSW 2290

A timeline of how this property has performed in the market
Last Sold
$710,000
07 Aug 2020
  • 28 Mar 2022
    Listed for Sale Under Contract
  • 07 Aug 2020
    Sold for $710,000
  • 08 May 2020
    Listed for Sale UNDER CONTRACT/OFFER
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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 6,682 properties. Over the last 5 years, Houses in Charlestown have seen a 70.87% increase in median value, while Units have seen a 55.50% increase. As at 31 October 2024:

  • The median value for Houses in Charlestown is $938,620 while the median value for Units is $652,473.
  • Houses have a median rent of $620 while Units have a median rent of $545.
There are currently 34 properties listed for sale, and 7 properties listed for rent in Charlestown on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Charlestown.

Suburb Insights for Charlestown 2290

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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.