1-2/35 Sunset Dr, Thornton is a 8 bedroom, 8 bathroom House with 4 parking spaces.
Blue-Chip iconic opportunity to secure a multi-purpose High Yield property, all within the grounds of a new Estate.
Current leases up to $350 per week, per room. ($1,400 per week, per property)
Potential for a minimum return of $145,000 for annum once fully let across both properties.
Located within the rapidly expanding suburb of Thornton, this property creates limitless potential for the astute purchaser including investors and owner occupiers looking for dual family living, or passive income offset.
The property is newly built and offers eight bedrooms, each of which contains their own private ensuite and secure courtyard.
Through out the property there is plenty of storage, two common rooms plus an additional outdoor entertaining and fully fenced backyard.
The kitchen is expansive and offers easy access to the living and dining room.
Ducted air conditioning throughout with 'zoned' areas, supported by 7.89kw solar system.
LOCATION
28 minutes to Newcastle CBD
30 minutes to Major Airport
10 minutes to Maitland CBD
8 minutes to Greenhills Shopping hub
4 minutes to Thornton Shopping Village
Short commute for local trains, buses, and transport.
KEY FEATURES
To be sold in one line or to be sold individually
$145,000 Annual Rent once fully let
Two (2) x four (4) bedroom residences each with ensuite and courtyard
Gourmet kitchen with stone benchtops, stainless steel appliances
Lock-up garage plus extra off-street parking
DUCTED air-conditioning to each dwelling
Each Dwelling has 7.89Kw Solar system
Up to 9.2 NATHERS star rating
Double Glazed doors and windows
This is a remarkable addition to the Investment Portfolio or to occupy one side, lease the other side for passive income.
Contact Jesse Mulligan on 0432 160 186 for a tenancy schedule and information memorandum.
DISCLAIMER
We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy.
Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including without limitation, any income, rentals, dimensions, areas, zoning and permits.
The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2011 was 7,861 people. By 2016 the population was 8,060 showing a population growth of 2.5% in the area during that time. The predominant age group in Thornton is 0-9 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation. In 2011, 80.9% of the homes in Thornton were owner-occupied compared with 77.3% in 2016.
Thornton has 5,138 properties. Over the last 5 years, Houses in Thornton have seen a 58.09% increase in median value, while Units have seen a 56.70% increase. As at 31 October 2024:
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