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.
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
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.
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