8 Tennent Rd, Mount Hutton is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 841m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Mount Hutton in the last 12 months.
Discover the perfect blend of lifestyle and investment opportunity with this charming home. This property is ideal for first-home buyers, astute investors, or small developers. Located in a prime location, it's just moments away from a vibrant array of shops, esteemed schools and under 10 minutes' drive to Newcastle CBD offering unparalleled convenience.
Key Features:
- Spacious Living Area: Separate lounge with reverse cycle air conditioning, ensuring comfort throughout the seasons.
Property Potential:
- Expansive Block Size: The property sits on a generous 841sqm block with R3 Medium Density Residential Zoning, offering ample space for future expansions, development, or even the addition of a granny flat (subject to council approval), enhancing its value and appeal.
- Investment Upside: With the area's increasing popularity, there's potential for significant capital growth and higher rental yields in the future.
This property is not just a home; it's a future-proof investment. Don't miss this chance to own a piece of convenience and potential.
Zoning: R3 Medium Density Residential
Land Area: 841sqm approx
Council: Lake Macquarie
Land Rates: $2011pa approx
Water Rates: $826pa approx
Potential Rent: $520p/wk
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.
The size of Mount Hutton is approximately 3.2 square kilometres. It has 6 parks covering nearly 2.8% of total area. The population of Mount Hutton in 2011 was 3,181 people. By 2016 the population was 3,548 showing a population growth of 11.5% in the area during that time. The predominant age group in Mount Hutton is 50-59 years. Households in Mount Hutton are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Mount Hutton work in a professional occupation. In 2011, 70.8% of the homes in Mount Hutton were owner-occupied compared with 70.8% in 2016.
Mount Hutton has 1,919 properties. Over the last 5 years, Houses in Mount Hutton have seen a 58.51% increase in median value, while Units have seen a 60.53% increase. As at 30 September 2024:
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