OFF MARKET

12A Tinonee Road
Waratah NSW 2298

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 183m2
Land area: 308m2
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Last updated 11 Nov 2024
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Property Details for 12a Tinonee Rd, Waratah

12a Tinonee Rd, Waratah is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 308m2 and floor size of 183m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Year Built
2007
Floor Size
183m2
Land Size
308m2
Local Government
Newcastle
Lot/Plan
2/DP1112198

Last Listing description (January 2022)

Built in 2009 this modern two-storey townhouse offers investors the opportunity to enter the Newcastle market with the assurance of guaranteed rent from DHA (Defence Housing Australia). Featuring 3 spacious bedrooms and 2 bathrooms upstairs, the master bedroom also includes a generous walk-in-wardrobe and ensuite. The property offers plenty of space over 2 levels, with an open plan kitchen overlooking a family and meals area, a separate living area, on the same level, is perfect as a kids or parent hide-away. Sliding glass doors from the family room lead to an undercover outdoor entertainment area and well maintained, fully fenced sizable yard.

Conveniently located, the property is in a quiet area of Waratah with access to all the important amenities including Waratah Train Station, Waratah Shopping Village, MacDonald Jones Stadium and local shops and cafes, with Westfield Kotara a short 10 minute drive away. This property offers the astute buyer a no-fuss, stress-free investment with rental income guaranteed every week by Defence Housing Australia (DHA).

NOTE: This property is NOT Strata Title and will be sold as Torrens Title

PROPERTY FEATURES:
* Modern low maintenance 2-storey townhouse
* 3 large bedrooms incl. main with ensuite, WIR
* Split system air conditioning throughout
* 2 separate living areas incl. family/dining and separate living area
* Kitchen appointed with a gas cooktop and stainless steel oven
* Floorboards and carpeted bedrooms
* Safety screens throughout
* Outdoor covered patio
* Double lock-up auto garage with internal entry access
* Minutes to the train station for quick access into the city and entertainment venue
* Built 2009
* Council and water rates approx. $270.00 per qtr.

CURRENT LEASE FEATURES :
* DHA Lease edition: Edition 5B
* Lease start date: 01/06/2009
* Lease end date: 31/05/2024
* Lease option: Used
* Right to vary: 1 x up to 12 months Reduction or Extension
* Note: The option and right to vary is at DHAs discretion.

CURRENT RENT : $535pw and assessed annually.

DHA LEASE BENEFITS:
* DHA guarantee to pay the rent even if the property is vacant
* DHA Property Care, an all-inclusive service fee, covers a range of property related services.
* The property is cleaned at the end of each tenancy period.
* The lessor may also be entitled to a lease-end make-good (refer to the DHA Lease Agreement).
* A rental floor may apply to the DHA Lease Agreement (applicable to specific lease editions & applies to commencement rent).

These are just some of the benefits of the DHA lease attached to this property. Enjoy all the benefits of rental guarantee and a no fuss investment property; let DHA do all the hard work for you.

* Investing with DHA - This property is for sale on behalf of a DHA Lessor and has a DHA Lease Agreement in place. Visit dha.gov.au to learn about the benefits of investing in a DHA property. If you would like to arrange an inspection please contact Jennifer Andrew of Hudson Property Agents - the Defence Properties specialists.
* In accordance with DHA regulations, we advise that this property will only be available for private inspections and to pre-qualified buyers.
* Photos are supplied under agreement by DHA & not been taken for the purpose of marketing.

Property History for 12a Tinonee Rd, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$735,000
16 Dec 2021
  • 16 Dec 2021
    Sold for $735,000
  • 18 Nov 2021
    Listed for Sale Not Disclosed
  • 20 Nov 2020
    Sold for $555,000
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About Waratah 2298

The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016.

Waratah has 2,402 properties. Over the last 5 years, Houses in Waratah have seen a 66.46% increase in median value, while Units have seen a 44.78% increase. As at 31 October 2024:

  • The median value for Houses in Waratah is $860,621 while the median value for Units is $603,408.
  • Houses have a median rent of $605 while Units have a median rent of $515.
There are currently 4 properties listed for sale, and 4 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Waratah.

Suburb Insights for Waratah 2298

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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.