2/279B Sandgate RoadShortland NSW 2307
Property Details for 2/279b Sandgate Rd, Shortland
2/279b Sandgate Rd, Shortland is a 6 bedroom, 5 bathroom Townhouse.
Last Listing description (February 2016)
As-new freestanding home offers student accommodation opportunity located just five minutes walk to the University of Newcastle and just 20 minutes to Newcastle CBD and beaches.
The home has been optimised for high-yield student accommodation and offers strong rental return of over $1000 per week when all rooms are occupied.
The building is just over two years old, and features two downstairs bedrooms plus two upstairs bedrooms and an additional studio style couples suite..
The generous gourmet kitchen with gas cooking, large pantry and stainless steel appliances is located between the living and dining areas, and joins an internal laundry and guest toilet on the lower level.
An additional upstairs common area provides extra living space, and there is ample off-street parking.
The properties also feature:
-- Sought-after location five minutes walk to Newcastle University
-- Quality, low-maintenance floor tiles
-- Bathrooms with walk-in glass showers and modern vanities
-- Central split-level staircase
-- Ceiling fans to bedrooms
Book your private viewing today to secure this rare high-value investment opportunity.
Property History for 2/279b Sandgate Rd, Shortland, NSW 2307
- 07 Aug 2015Listed for Sale Buyer Guide $550,000 - $600,000
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About Shortland 2307
The size of Shortland is approximately 6.1 square kilometres. It has 11 parks covering nearly 23.5% of total area. The population of Shortland in 2011 was 3,705 people. By 2016 the population was 3,880 showing a population growth of 4.7% in the area during that time. The predominant age group in Shortland is 20-29 years. Households in Shortland are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Shortland work in a trades occupation. In 2011, 66.4% of the homes in Shortland were owner-occupied compared with 61.7% in 2016.
Shortland has 2,114 properties. Over the last 5 years, Houses in Shortland have seen a 68.78% increase in median value, while Units have seen a 48.65% increase. As at 30 November 2024:
- The median value for Houses in Shortland is $705,264 while the median value for Units is $616,097.
- Houses have a median rent of $580 while Units have a median rent of $600.
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