Mahere Papa
Located in the already established Singleton Heights, this is a boutique land development of only 23 lots, surrounded by already established quality homes.
Offering two rents from the one property, this investment comes with excellent rental yield of 5.8% - 6.3% and with appraised rental income of between $1,070 - $1,170 per week. Investors will enjoy an annual rental income of up to $61,000 p.a., plus the leverage the ongoing capital growth of this region.
Engineered to maximise space and liveability, this new house & land package opportunity comes turn-key ready, including all landscaping on a block size of 607sqm, presenting two independent dwellings under one title.
As an already registered property, this makes for a timely investment purchase. Surrounded by spectacular countryside, Singleton is a booming economy based on agriculture, mining and manufacturing, with its proximity to Newcastle and ever expanding infrastructure investment making for a smart choice for the astute investor.
3 Bed | 2 Bath | 1 Car + 2 Bed | 1 Bath | 1 Car