Positioned on a premium corner block in the rapidly growing Watagan Park Estate, this near-new (approx. 6 months old) dual key residence is a high-performance investment built for immediate return and long-term growth.
Currently returning $1,420 per week ($73,840 annually), the property delivers two fully self-contained income streams on one title — maximising yield, flexibility, and tenant appeal.
The Numbers:
$1,420 per week combined rental return
$73,840 per annum gross income
Dual income (house + granny flat)
Near-new build = strong depreciation benefits
Corner block positioning = enhanced privacy + desirability
Property Breakdown:
Primary Residence:
4 bedrooms | 2 bathrooms | 2 car garage
Architecturally designed with high ceilings & gabled rooflines
Light-filled open plan living
Stone benchtops, premium appliances, and high-end finishes
Secondary Dwelling (Granny Flat):
2 Bedrooms | 1 Bathroom
Architecturally designed with high ceilings & gabled rooflines
Light-filled open plan living
Stone benchtops, premium appliances, and high-end finishes
At only 6 months old, this property offers the full advantage of modern construction, 7 yaer building Warranty,minimal maintenance, and maximum depreciation. The design and finish level sit above standard dual occupancies helping attract stronger tenants and supporting rental growth over time.
Location – High Growth & Convenience:
Set within the sought-after Watagan Park Estate, surrounded by new infrastructure and quality homes:
Moments to the brand new Watagan Park Shopping Village
Walking distance to Avondale School & Avondale University
Easy access to the M1 Motorway
Approx. 60 minutes to Newcastle CBD
Approx. 90 minutes to Sydney CBD
This is a location seeing continued expansion, strong rental demand, and long-term upside.
Investment Summary:
A corner block, near-new dual income asset delivering strong cash flow from day one.
Low maintenance. High yield. Proven tenant demand.
Exactly the type of property that performs now and compounds over time.
All information contained herein is gathered from sources we consider reliable. However, we cannot guarantee or give any warranty about the information provided and interested parties must solely rely on their own enquiries.