This property or other similar established properties can be acquired by our Inner Circle membership. This property may be available or it may have been acquired by our client. Submit an enquiry to learn more.
Suitable for following Buyer Brief
Strategy Type: Buy & Hold
Investment Hold Period: Minimum 5 years
End Goal: Passive Income + Wealth Building + Tax Savings
Active or Passive Investing: Passive with minimum maintenance and ongoing involvement
Acquisition Objective: Accumulate self sustaining properties in growth areas for easy hold and get some equity to buy another one in 2 years.
Location Highlights
Proximity to Major Centers: Approximately 5 km from Maitland CBD and about 37 km from Newcastle.Shopping and Entertainment: Close to Maitland's shopping precincts, offering diverse retail options and entertainment facilities.Education: Hosts Gillieston Public School, with additional educational institutions nearby.Parks and Recreation: Features local parks and reserves like Gillieston Heights Reserve, ideal for outdoor activities and family outings.Healthcare: Access to healthcare services in Maitland, including hospitals and various medical clinics.Dining Options: A variety of restaurants and cafes are accessible in Maitland and surrounding suburbs.Amenities: Includes local conveniences such as shops, a supermarket, and essential services within the suburb.Public Transport: Serviced by bus routes connecting to Maitland and Cessnock, with Maitland train station nearby.Vacancy Rate: Relatively stable, indicating steady demand for housing.Supply and Demand: Strong growth in property values and rental yields, reflecting increasing demand in the area.Infrastructure Developments: Ongoing residential developments have supported population growth and local amenities.Population: The area has seen significant growth in recent years, with a strong influx of families and professionals.Employment Hubs: Conveniently located near employment opportunities in Maitland and Newcastle, with easy access to major roads.
Recommended Due Diligence
Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Dual Key compliance, Supply Demand stats review, Vacancy rates stats review, Contract review, Tenant agreement review.
Our Inner Circle membership includes Due Diligence, Search, Data Research, Strategy forming, and End to End Support.
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