OFF MARKET

29-31 Deakin Street
Kurri Kurri NSW 2327

Bedrooms: 4
Bathrooms: 4
Car spaces: -
Floor area: 89m2
Land area: 602m2
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Property Details for 29-31 Deakin St, Kurri Kurri

29-31 Deakin St, Kurri Kurri is a 4 bedroom, 4 bathroom Unit and was built in 2006. The property has a land size of 602m2 and floor size of 89m2.

Building Type
Unit
Year Built
2006
Floor Size
89m2
Land Size
602m2
Local Government
Cessnock
Lot/Plan
10/DP36187

Last Listing description (July 2024)

Looking for a solid return PLUS capital growth? Hard to find, right? Look no further.

31 Deakin Street is on 602m2 and comprises 4 x studio apartments achieving more than $54,000 per annum gross combined.

Vacancy factor is almost ZERO due to current rental market conditions and these are perfect for single working people who don't want share accommodation.

Rarely do these high yield investment gold-mines become available, especially fully refurbished (in 2018) and with a quality tenant base that aren't causing any headaches!

All units have an the same floor plan approx. 35m2 each and comprise kitchen, bathroom, laundry and living/bedroom. Each resident has their own entry and front and rear veranda's to enjoy.

Low outgoings and NO strata fees, these are not strata title.

Easy-care grounds just need a mow once a month or so, and we have a local yard care crew available on request.
Excellent long term Property Manager can continue doing a great job for you; or you can manage these yourself if that appeals.

This will be a truly seamless transition into an income-generating, positive geared investment that will see your nest egg grow exponentially - better than a bank!

NOTE: 29 Deakin St SOLD - 481m2 corner lot and comprising 3 x studio apartments achieving more than $40,000 per annum gross combined.
Asking Price was $650,000

Kurri Kurri is an ultra convenient destination for workers with the entrance to Hunter Expressway nearby, making it an easy drive to Singleton / Muswellbrook, and a breeze for CBD commuters. Plus being on the doorstep to the booming Wine Country including Roche Estate, Hunter Valley Gardens, Lovedale and Pokolbin - Kurri Kurri is growing in popularity every year.

This property in particular is around 800m walk to the top of town, local shops and sporting facilities.

Disclaimer: The information herein is collected from sources we trust to be dependable.
However, we cannot guarantee its accuracy, so it is advisable for interested persons to rely on their own enquiries.

Property History for 29-31 Deakin St, Kurri Kurri, NSW 2327

A timeline of how this property has performed in the market
Listed for Rent
$185/w
22 Oct 2018
  • 21 May 2024
    Listed for Sale $840,000
  • 21 Sep 2018
    Listed for Rent $185 / week

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About Kurri Kurri 2327

The size of Kurri Kurri is approximately 5.2 square kilometres. It has 12 parks covering nearly 8.1% of total area. The population of Kurri Kurri in 2011 was 5,771 people. By 2016 the population was 6,040 showing a population growth of 4.7% in the area during that time. The predominant age group in Kurri Kurri is 20-29 years. Households in Kurri Kurri are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Kurri Kurri work in a trades occupation. In 2011, 64.7% of the homes in Kurri Kurri were owner-occupied compared with 62.1% in 2016.

Kurri Kurri has 3,153 properties.

    There are currently 9 properties listed for sale, and 3 properties listed for rent in Kurri kurri on OnTheHouse. According to CoreLogic's data, 176 properties were sold in the past 12 months in Kurri kurri.

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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.