147 Charlestown RoadKotara South NSW 2289
Property Details for 147 Charlestown Rd, Kotara South
147 Charlestown Rd, Kotara South is a 5 bedroom, 3 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 750m2 and floor size of 753m2. While the property is not currently for sale or for rent, it was last sold in October 2016.
Last Listing description (November 2024)
This exceptional residential property in Kotara South offers a unique opportunity with three separate living spaces under one title, providing three income streams.
Top-Level Residence (Unit A): Leased at $495/week
- Currently leased at $495.00 per week, presenting a lucrative investment opportunity with steady rental income.
- Updated bathroom with modern amenities and comfort.
- Convenient off-street parking and a single garage.
- Open-plan kitchen with picturesque backyard views enhances the cooking and dining experience.
- Charming L-shaped lounge and dining area with beautiful hardwood floors to add warmth and character to the living space.
- Recently painted throughout for a fresh and modern aesthetic.
- New window coverings enhance privacy and light control in every room.
- All bedrooms compelte built-in robes, optimizing storage space and organization.
- Reverse Cyle AC in the living area.
Lower-Level Residence (Unit C): Leased at $325/week
- One-bedroom flat with bathroom, small living area, kitchen, and internal laundry.
- Split system Ac in the living area, servicing the whole unit.
- All areas open onto the rear yard, promoting seamless indoor-outdoor living.
Granny Flat (Unit B): Leased at $380/week
- Modern granny flat DA approved 31.12.2011, offering contemporary living amenities.
- One bathroom, open-plan kitchen, and living room provide a comfortable living space.
- Split system Ac and ceiling fan in living room.
- Charming private yard surrounded by trees enhances appeal, perfect for relaxation or outdoor dining on the deck overlooking Nereida Close, Reserve.
- Off-street parking available for added convenience, ensuring hassle-free parking for residents and guests.
Conveniently located just a short drive away from Charlestown Square and Westfield Kotara, with public transport directly outside, this property offers both accessibility and quiet suburban living. With a remarkable 54.8% increase in median value over the last 5 years, this property presents a lucrative investment opportunity for those looking to capitalize on the growing real estate market in Kotara South.
** *Pest and Building reports available upon inspection ***
Zoning: R2 Low Density Residential
Land Area: 753sqm approx
Council: Lake Macquarie
Land Rates: $2185pa approx
Water Rates: $859pa approx
Current Rent: $1200pw
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. Photos maybe digitally edited and include virtual furniture..
Property History for 147 Charlestown Rd, Kotara South, NSW 2289
- 22 Apr 2024Listed for Sale $890,000 to $950,000
- 22 Apr 2022Listed for Rent $275 / week
- 26 Feb 2022Listed for Rent $320 / week
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0About Kotara South 2289
The size of Kotara South is approximately 0.6 square kilometres. It has 7 parks covering nearly 11.7% of total area. The population of Kotara South in 2011 was 1,143 people. By 2016 the population was 1,104 showing a population decline of 3.4% in the area during that time. The predominant age group in Kotara South is 0-9 years. Households in Kotara South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Kotara South work in a professional occupation. In 2011, 80.1% of the homes in Kotara South were owner-occupied compared with 78.8% in 2016.
Kotara South has 495 properties. Over the last 5 years, Houses in Kotara South have seen a 67.96% increase in median value. As at 30 November 2024:
- The median value for Houses in Kotara South is $943,792 while the median value for Units is $776,887.
- Houses have a median rent of $670.
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