SOLD
Sold on 05 Apr 2024 for $460,000

15/22 Molly Morgan Drive
East Maitland NSW 2323

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
Land area: 8525m2
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Property Details for 15/22 Molly Morgan Dr, East Maitland

15/22 Molly Morgan Dr, East Maitland is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2000. The property has a land size of 8525m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Townhouse sold in East Maitland in the last 12 months.

Building Type
Townhouse
Year Built
2000
Floor Size
74m2
Land Size
8525m2
Local Government
Maitland
Lot/Plan
38/SP73984

Last Listing description (July 2024)

Discover your next investment opportunity at 15/20--22 Molly Morgan Drive, East Maitland. This meticulously maintained brick and tile townhouse presents an irresistible proposition for both first-home buyers and seasoned investors alike.

Convenience is key, with the newly-renovated Stockland Green Hills just a stone's throw away, offering a plethora of shopping and dining options right at your doorstep. Within a 500m radius, esteemed institutions such as Hunter Valley Grammar School and Maitland Private Hospital enhance the area's appeal, creating a vibrant hub for education and health services.

Commute effortlessly with the New England Highway just a minute's drive away, providing easy access to the M1, Maitland, and Newcastle.

Currently leased at $370 per week to a long-term tenant. Current market rent $450-$475/week.

The townhouse itself boasts a functional layout, featuring separate living, kitchen, and dining areas, complemented by modern conveniences such as split-system air conditioning and a single lock-up garage. Enjoy alfresco living on the front balcony or unwind in the low-maintenance courtyard. Additional highlights include ample storage space, a convenient laundry with an extra toilet, and two bedrooms with generous mirrored built-in wardrobes. The well-appointed bathroom completes the picture with a vanity, toilet, and separate shower and bath.

With its unbeatable location and low-maintenance lifestyle seize the opportunity to secure your foothold in the thriving East Maitland market. Don't miss out on this exciting investment prospect!

Zoning: R1 General Residential
Council: Maitland City Council
Land Rates: $1548pa approx
Water Rates: $766pa approx
Strata Levies: $2640pa approx

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations..


Property History for 15/22 Molly Morgan Dr, East Maitland, NSW 2323

A timeline of how this property has performed in the market
Last Sold
$460,000
05 Apr 2024
Listed for Rent
$490/w
11 Jun 2024
  • 03 Jun 2024
    Listed for Rent $490 / week
  • 05 Apr 2024
    Sold for $460,000
  • 04 Mar 2024
    Listed for Sale RECENT SALES
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About East Maitland 2323

The size of East Maitland is approximately 16.1 square kilometres. It has 39 parks covering nearly 17.2% of total area. The population of East Maitland in 2011 was 11,014 people. By 2016 the population was 11,773 showing a population growth of 6.9% in the area during that time. The predominant age group in East Maitland is 40-49 years. Households in East Maitland are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in East Maitland work in a professional occupation. In 2011, 63.1% of the homes in East Maitland were owner-occupied compared with 60.8% in 2016.

East Maitland has 6,538 properties. Over the last 5 years, Houses in East Maitland have seen a 46.73% increase in median value, while Units have seen a 62.99% increase. As at 31 October 2024:

  • The median value for Houses in East Maitland is $679,731 while the median value for Units is $493,074.
  • Houses have a median rent of $565 while Units have a median rent of $460.
There are currently 29 properties listed for sale, and 2 properties listed for rent in East maitland on OnTheHouse. According to CoreLogic's data, 265 properties were sold in the past 12 months in East maitland.

Suburb Insights for East Maitland 2323

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CENTURY 21 Novocastrian (Newcastle)
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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.