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Property of the month – Newcastle Townhouses

The Location

As Newcastle continues to benefit from the increasing levels of Sydney migrants entering the market, securing quality investment properties is becoming extremely difficult.

The Binnari team has gained exclusive pre-market access to an exciting opportunity. See details below.

  • Located less than 10 minutes from the University of Newcastle and the John Hunter Hospital, the two key employment nodes in the Newcastle region
  • The project is within walking distance of local shopping amenities and the suburb is undergoing improvements with a brand new Woolworths to be built nearby the site
  • In one of Newcastle’s tightly held suburbs with a vacancy rate of 1.4%
  • Median house prices in the suburb have increased 27% over the last 2 years, highlighting the growing demand for property in this suburb

The Project – a boutique townhouse development

  • Details: 3 bedroom, 2.5 bathroom, 2 car garage
  • Price: $675,000
    • Well-designed townhouses
    • Under construction to be completed in 6 months
    • Located on a quiet residential street

If you’d like to know more about this opportunity, please get in touch with the team by clicking HERE.