SOLD
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Sold on 15 Nov 2024 - Price Unavailable

53 Belmore Road
Lorn NSW 2320

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 111m2
Land area: 920m2
Sold By
Michael Haggarty
First National Real Estate David Haggarty
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Property Details for 53 Belmore Rd, Lorn

53 Belmore Rd, Lorn is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1920. The property has a land size of 920m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom House sold in Lorn in the last 12 months.

Building Type
House
Year Built
1920
Floor Size
111m2
Land Size
920m2
Local Government
Maitland
Lot/Plan
7/3/DP4164

Last Listing description (November 2024)

Nestled in the heart of Lorn, one of Maitland?s most prestigious suburbs, this beautiful dual-key property offers both exceptional rental income and immense future potential. Occupying a generous 919sqm block, this fully tenanted federation home provides the flexibility of dual income streams with a combined weekly rental of $890 ($480 and $410). Whether you're seeking an investment with strong returns or dreaming of restoring a heritage family residence, this property can cater to your needs.

This charming federation home is filled with original heritage details that enhance its character and appeal. The recently repainted front fa?ade presents a fresh new look, complementing its classic white picket fence and instantly captivating curb appeal. Inside, you?ll find timeless features such as original fireplaces, ornate ceilings, French doors, boarded ceilings, and decorative skirting boards and air vents, which embody the home's traditional elegance. A wood burning fireplace warms one side of the property, creating a cozy, inviting atmosphere perfect for the cooler months.

Located within a short stroll to Lorn?s quaint village centre, residents can enjoy the convenience of a vibrant community atmosphere, with an array of boutique shops, cafes, and local amenities just moments away. This is a home that offers the best of both worlds. Giving a large 919-square-meter block in a charming, walkable community setting, yet providing easy access to everything Maitland has to offer.

Investors will appreciate the steady, reliable rental income and the potential for capital growth in this high demand area. For those with a vision, the dual-key layout offers the exciting prospect of converting this property back into a grand heritage family home, preserving its historic beauty while modernizing it to suit contemporary lifestyles. The possibilities for this property are boundless, from continuing its current investment appeal to crafting a one of a kind family home with a spacious garden ready to create an oasis.

Rarely does an investment opportunity like this present itself in such a desirable location. This dual-key federation home offers heritage charm, income potential, and the flexibility to adapt to your future plans. Embrace the chance to own a piece of history in Lorn.

This property is proudly marketed by Mick Haggarty, contact 0408 021 921 for further information or to book your private inspection.

Disclaimer: All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries.

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Property History for 53 Belmore Rd, Lorn, NSW 2320

A timeline of how this property has performed in the market
Last Sold
15 Nov 2024
Listed for Rent
$290/w
30 Aug 2011
  • 15 Nov 2024
    Sold
  • 29 Oct 2024
    Listed for Sale $1,095,000
  • 17 Nov 2022
    Sold for $900,000
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About Lorn 2320

The size of Lorn is approximately 4.6 square kilometres. It has 4 parks covering nearly 2.9% of total area. The population of Lorn in 2011 was 1,263 people. By 2016 the population was 1,350 showing a population growth of 6.9% in the area during that time. The predominant age group in Lorn is 40-49 years. Households in Lorn are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lorn work in a professional occupation. In 2011, 79% of the homes in Lorn were owner-occupied compared with 79.2% in 2016.

Lorn has 684 properties. Over the last 5 years, Houses in Lorn have seen a 48.03% increase in median value, while Units have seen a 64.29% increase. As at 31 October 2024:

  • The median value for Houses in Lorn is $886,568 while the median value for Units is $497,575.
  • Houses have a median rent of $645 while Units have a median rent of $335.
There are currently 6 properties listed for sale, and no properties listed for rent in Lorn on OnTheHouse. According to CoreLogic's data, 42 properties were sold in the past 12 months in Lorn.

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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.