SOLD
RECENT ADVICE
Sold on 17 May 2024 for $915,000

16 Mornington Circuit
Gwandalan NSW 2259

Bedrooms: -
Bathrooms: -
Car spaces: 2
Floor area: 122m2
Land area: 479m2
Sold By
Stone Toukley
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Property Details for 16 Mornington Cct, Gwandalan

16 Mornington Cct, Gwandalan is a 0 bedroom, 0 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 479m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 0 bedroom House sold in Gwandalan in the last 12 months.

Building Type
House
Year Built
2016
Floor Size
122m2
Land Size
479m2
Local Government
Central Coast
Lot/Plan
124/DP1206605

Last Listing description (July 2024)

Seize the opportunity to own a remarkable dual occupancy property, constructed in 2016, located in a prime position just a short stroll or drive from the serene Lake Macquarie. Situated on a 479sqm block on the high side of the street, this investment comprises two tenanted residences: a spacious 4-bedroom, 2-bathroom home with a garage, and a cozy 2-bedroom, 1-bathroom, also with its own garage. Both properties are currently leased, offering immediate rental income in a sought-after location known for its lifestyle and convenience.

Enjoy the ease of being moments away from essential amenities, including shops, supermarkets, transport links, a local club, pristine beaches, and easy access to the M1 Motorway. This dual property not only promises a steady investment return but also positions you in the heart of one of the area's most desirable locales, perfect for tenants seeking both tranquillity and accessibility. Separate electricity and has a separate water flow meter, NBN & Gas.

- Dual occupancy investment on a 479sqm elevated block

- Front property: 4 bedrooms, 2 bathrooms, 1 garage
- Rear property: 2 bedrooms, 1 bathroom, 1 garage
- Both units currently leased, Front $560 p/w, Lease expires 08/01/2025, Rear $380 p/w, Lease expires 13/11/2024
- Built in 2016, offering modern living spaces, Split system air conditioning in both properties for comfort
- Internal laundry facilities in each unit for convenience, Open plan living in both
- Private courtyards with large water tanks in both properties
- Close proximity to shops, supermarket, local transport options, Club, beaches and a swift M1 Motorway access

Property History for 16 Mornington Cct, Gwandalan, NSW 2259

A timeline of how this property has performed in the market
Last Sold
$915,000
17 May 2024
Listed for Rent
$420/w
11 Oct 2019
  • 17 May 2024
    Sold for $915,000
  • 04 Apr 2024
    Listed for Sale $915,000
  • 23 Sep 2019
    Listed for Rent $420 / week
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About Gwandalan 2259

The size of Gwandalan is approximately 3.2 square kilometres. It has 6 parks covering nearly 11% of total area. The population of Gwandalan in 2011 was 3,034 people. By 2016 the population was 3,268 showing a population growth of 7.7% in the area during that time. The predominant age group in Gwandalan is 60-69 years. Households in Gwandalan are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Gwandalan work in a trades occupation. In 2011, 75.2% of the homes in Gwandalan were owner-occupied compared with 78.3% in 2016.

Gwandalan has 1,862 properties.

    There are currently 11 properties listed for sale, and 2 properties listed for rent in Gwandalan on OnTheHouse. According to CoreLogic's data, 87 properties were sold in the past 12 months in Gwandalan.

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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.