170 Sheaffes Rd, Stream Hill is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 460m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
A truly unique and exciting opportunity has come to market with this brand new house & granny flat in the very popular Kembla Grange Estate on Sheaffes Rd, Kembla Grange.
The property features a brand new 4 bedroom main and attached 2 bedroom granny flat with separate access, independent backyards and separate metering. The homes are very functional, with quality finishes throughout and plenty off street parking. The home enjoys a rural outlook and beautiful views of the Illawarra escarpment to the west and south/west.
This property can be utilised as standalone investment property that will gross over $1000/week rent, with plenty of leasing evidence in the estate to support this or live in one and rent out the other. The granny flat will gross over $400/week rent, so it really helps cover the mortgage with record low interest rates currently, if you are considering living in the main and renting out the secondary dwelling to make things a little easier on the finances.
Alternatively, the homes are perfect for multi-generational living for families wanting to be close, but still have their independence.
The estate is centred around Stane Dyke Homestead, an 1880s built stone building, and consists of just 330 homes, with a rural backdrop.
Home Features:
- Expected gross rent of over $1000/week (appraisal and management services can be offered)
- 4 Bedroom main house & 2 bedroom separate access granny flat
- Independent rear yards for both house & granny flat
- Separately metered for easy leasing
- This wonderful home is brand new, the paint has only just dried!
- Quality stainless steel appliances including oven, stove & rangehood
- Stone kitchen benchtop
- Under-mount kitchen sink with upgraded tapware
- Spacious alfresco and surprisingly spacious backyards
- Located in the highly-sought Kembla Grange Estate
- Land in the estate has sold out, so opportunities for new living is becoming rare
- The recreation field is literally one house away
Local Area Amenity & Features:
- Small boutique development of just 330 lots (sold out)
- Short drive to Kembla & Dapto train stations
- 7min to Dapto CBD
- Just a 19min drive into Wollongong CBD
- Breathtaking Illawarra escarpment views
- Estate features a kids playground, picnic area, recreation field, and leafy reserve
- Easy access to the Princes Highway and Princes Motorway
For more information or to arrange a VIP inspection please contact Simon Hagarty on 0405 175 416.
The size of Stream Hill is approximately 14.6 square kilometres. It has 9 parks covering nearly 14.6% of total area. The population of Stream Hill in 2011 was 220 people. By 2016 the population was 267 showing a population growth of 21.4% in the area during that time. The predominant age group in Stream Hill is 10-19 years. Households in Stream Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Stream Hill work in a trades occupation. In 2011, 84.7% of the homes in Stream Hill were owner-occupied compared with 66.6% in 2016..
Stream Hill has 758 properties.
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