Newcastle Ravensfield Entry Level Duplex $80,000 Predicted Profit
Farley, New South Wales
This fantastic entry level duplex is located in Ravensfield, located in the heart of the Hunter Valley, along Wollombi Road in Farley – uniquely placed between the bush and the beach.
Situated amongst pleasant, peaceful bush land surrounds the estate is within short proximity to the town centres of Rutherford and Maitland, home to shopping centres, retailers, speciality stores, public and private schools plus within close proximity to the New Hunter Expressway and Hunter Valley Vineyards.
This Ravensfield duplex has an expected rental income of $700 – $740 per week – that’s 5.6% rental yield PLUS each size of the duplex has been valued between $365,000 and $385,000 on completion that’s a possible instant profit of over $80,000!! When was the last time you made $80k without a days work!?
The swathe of things to do around Ravensfield is far too great to list but here’s a little taste of what you can expect……
World class vineyards and cellar doors, pristine beaches, the turquoise waterways of Port Stephens, the vast expanse of Lake Macquarie, historic Morpeth, Glenbawn, Lostock and Chichester dams.
The region offers festivals, a strong arts and cultural fraternity, heritage, gardens and parks, world class golf courses, trails and walks, aviation and hot air ballooning, adventure sports, health and wellbeing, shopping and markets.
A little closer to home and Maitland hosts several annual events such as Taste Food and Wine Festival, Aroma Coffee Festival, River lights Cultural Festival and the world renowned Steamfest. Maitland boasts a fabulous range of shopping opportunities from major national retail chains to an eclectic mix of stores that will appeal to a wide range of interests and tastes.
Stockland Green Hills has embarked on a $412million redevelopment, scheduled for completion in April 2018. The centre has continued to trade throughout the reconstruction and bit by bit is unveiling new and exciting shopping experiences as each stage is complete. The revamp will increase the floor space from 33,000 square metres of leasable retail space to 74,000 square metres.
On completion, Stockland Green Hills will feature a David Jones department store, Target and Big W discount department stores, Coles and Woolworths full line supermarkets, 12 Mini-Majors including Harris Scarfe, Best & Less, and JB Hi-Fi and over 210 specialty and kiosk retailers.
The centre will also feature a dining and entertainment precinct featuring a 7 screen 900 seat HOYTS Cinema with 2 Xtremescreens, a strong fresh food offer, and a refreshed fashion and retail services mix.
The $17million project has breathed new life into the heart of the city with a growing cafe culture and a diverse range of shops. The Levee focuses on showcasing the picturesque Hunter River with cafes dotted along the riverbank and views across the river to leafy Lorn.
I just have to say it again – each size of the duplex has been valued between $365,000 and $385,000 on completion that’s a possible instant profit of over $80,000!! When was the last time you made $80k without a days work!? Get on this now! Contact Chris on 0434 449 455 or fill out the enquiry form below.