For sale

40 Bright Circuit,
Dora Creek 2264, New South Wales

5 bedrooms
3 bathrooms
2 car spaces
301m² land size
House

$1,350,000


Property details

Two Homes, Two Income Streams An Exceptional Dual Occupancy Opportunity

Offering the flexibility of two self contained residences under one roofline, this modern dual occupancy property in the sought after Park Rise Park Estate presents an outstanding opportunity for investors, extended families and owner occupiers seeking additional income potential.

Set within a quiet street in a popular modern estate, the property combines a spacious three bedroom duplex with an attached, fully self contained two bedroom duplex, each offering its own living spaces, modern kitchens and outdoor areas. With separate metering to the granny flat, this versatile property provides the opportunity for dual rental income or comfortable multi-generational living without compromising privacy or independence.

For investors, the combined rental appraisal of approximately $1,250 per week ($65,000 annually) makes this an appealing addition to any property portfolio, while families will appreciate the flexibility of accommodating parents, adult children or extended family.

Three Bedroom duplex Features:

• Three generous bedrooms, all with ducted air conditioning and built-in wardrobes.
• Spacious master bedroom featuring a walk in robe and stylish private ensuite.
• Contemporary kitchen with stone benchtops.
• Comfortable living zones designed for everyday family living.
• Seamless connection between the living areas and outdoor entertaining space.
• Alfresco area overlooking the fully fenced yard.
• Single lock up garage.
• Easy access to the M1 Motorway, connecting Sydney and Newcastle.

Two Bedroom Duplex Features:

• Two well proportioned bedrooms with built in mirrored wardrobes.
• Modern kitchen featuring stone benchtops, dishwasher, integrated oven and gas cooktop.
• Open plan living and dining area.
• Air conditioned comfort with ceiling fans in both bedrooms & living room.
• Private, fully fenced yard.
• Separate metering for added flexibility and independent occupancy.

Positioned within the popular Park Rise Park Estate, this property enjoys the convenience of modern estate living with easy access to everyday amenities, recreation and transport.

Enjoy proximity to:

• Morisset town centre, shopping and everyday conveniences.
• The new Watagan Park Shopping Centre.
• Dora Creek public school, Avondale School and multiple childcare centres.
• Dora Creek train station and public transport connections.
• Popular boating and fishing destinations around Lake Macquarie.

An appealing opportunity to generate income from two separate residences, with indicative rental appraisals as follows:

• Three Bedroom: Approximately $680-$700 per week.
• Two Bedroom: Approximately $550 per week.
• Combined rental income: Approximately $1,230-$1,250 per week.
• Potential annual rental return: Approximately $63,960-$65,000.

Rental figures are indicative appraisals only and are subject to market conditions, tenancy demand and independent rental assessment.

Secure two residences in one and take advantage of an opportunity that offers both lifestyle flexibility and income potential.

Disclaimer: Every precaution has been taken to establish the accuracy of the above information, but it does not constitute any representation by the owner or agent. Information is gathered from sources we believe to be reliable; we cannot guarantee its accuracy and interested persons should rely on their own enquiries. Personal information collected by the agency when you make an enquiry may be used and disclosed throughout the business in accordance with the Privacy Act 1988 (Cth) and the Australian Privacy Principles for business, marketing, compliance and related purposes, for more information on how we use your data please refer to our privacy policy which can be found here - https://www.raywhite.com/franchisee-privacy-policy/

Inspections


Explore the area


School catchments

  • Dora Creek Public School Primary K-6 Government 0.64km
  • Heritage College Lake Macquarie Combined K-12 Independent 2.8km
  • Morisset Public School Primary K-6 Government 2.9km
  • Avondale School Combined K-12 Independent 3.0km
  • St John Vianney Primary School Primary K-6 Catholic 3.6km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.


Find out how much home loan repayments will be

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Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.


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