Situated in the high growth Hunter region of NSW, this Dual Income design features one property with
two rental incomes and is poised for strong investment returns.
Located 6 minutes south of Cessnock, Bellbird is a town and locality in the City of Cessnock in the Hunter Region of New South Wales.
Approximately two-hours drive north of Sydney, it’s regional centre is Newcastle, which together with Lake Macquarie is home to more than half of the region’s population.
The Hunter is Australia's largest regional economy, valued at over $60 billion. Just a two-hour drive north of Sydney, the region’s lush vineyards, wildlife reserves and world-class restaurants help to attract more than two million visitors each year.
The Hunter Region has a population of 602,840 and rising by 131,560 to 734,400 by 2041, representing growth of 18% over 20 years.
It is undergoing an impressive period of sustained economic growth and is projected to grow nearly 75% by the year 2036.
Lot 150 North Ridge Estate presents affordable land on an appealing block which is registered and ready for construction in the near future.
Low vacancy rates, high rental yield and impressive weekly income. Lot 150 North Ridge Estate in Bellbird, NSW has an estimated 12-16 weeks council approval time and 32-35 weeks build time.
Lot 150 North Ridge Estate in Bellbird, NSW is estimated to receive $930 to $1,000 in rental income per week.
This appraisal was calculated after researching property comparisons, market conditions and taking into account the current market demand.
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