SOLD
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Sold on 09 Oct 2023 for $780,000

87 Prince Street
Waratah NSW 2298

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 741m2
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Property Details for 87 Prince St, Waratah

87 Prince St, Waratah is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 741m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Waratah in the last 12 months.

Building Type
House
Land Size
741m2
Local Government
Newcastle
Lot/Plan
1/DP770793

Last Listing description (October 2023)

Welcome to a property that redefines versatility and potential. This impressive dwelling, nestled on a generous 741sqm block (approx), presents a rare chance to acquire a dual-income property with endless possibilities.

Key Features:

Unit 1

• 2 bedrooms for ample accommodation options
• Separate living room for comfort and privacy
• Tidy kitchen for convenient meal preparation

Unit 2
• 1 bedroom with a private bathroom for added convenience
• Separate dining and living rooms for flexible living spaces

Additional Amenities:
Abundance of shared undercover parking at the rear of the property. Extra storage shed with side access for your convenience. Two separate side gates for ample off-street parking options

Location: Ideally situated in close proximity to Waratah Shopping Village, Mater Hospital, and the renowned McDonald Jones Stadium, convenience is at your doorstep. This coveted location ensures you're never far from essential amenities and entertainment options.

Investment Potential: With a projected combined rental income of $740- $800 per week, (2 bedroom unit $450-$480 + 1 bedroom unit $290-$320) this property offers an outstanding return on investment. Whether you're seeking an income-generating asset or planning a future renovation or knock-down-rebuild project (STCA), the possibilities are boundless.

Opportunities like this are a rarity in this highly sought-after suburb. Don't miss out on this chance to secure a property with dual-income potential and the promise of future growth.

Arrange a viewing today and unlock the potential of this unique real estate gem!

Disclaimer: All measurements are approximate. Buyers should conduct their own research and seek professional advice for any potential development projects (STCA).

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Property History for 87 Prince St, Waratah, NSW 2298

A timeline of how this property has performed in the market
Last Sold
$780,000
09 Oct 2023
Listed for Rent
04 Jul 2015
  • 09 Oct 2023
    Sold for $780,000
  • 04 Oct 2023
    Listed for Sale Preview
  • 27 Jun 2015
    Listed for Rent - Price not available
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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 2,440 properties.

    There are currently 3 properties listed for sale, and 9 properties listed for rent in Waratah on OnTheHouse. According to CoreLogic's data, 97 properties were sold in the past 12 months in Waratah.

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