40A & 40B Harris Street
Cessnock, NSW 2325

This unique dual-occupancy property is situated on a generous 809 square meter corner block in the heart of Cessnock, offering an exceptional opportunity for investors, extended families, or buyers seeking additional income streams. The property features a charming character-filled main residence alongside a modern granny flat, both with separate access and fully fenced yards, providing privacy and flexibility.

The main residence exudes character and spaciousness throughout. It includes three bedrooms, with an oversized main bedroom and built-in storage in two of the bedrooms. The modern kitchen is equipped with abundant storage and overlooks an open plan living and dining area, creating a practical and inviting hub for family living. Comfort is ensured year-round with multiple split-system air conditioners, and a dedicated study nook offers an ideal space for working from home. The bathroom is neat and tidy, complemented by a laundry area that includes a second toilet. Multiple decking and verandah areas extend the living space outdoors, perfect for enjoying the sunshine. The fully fenced yard provides ample space for children, pets, or potential future shedding (subject to council approval). Additionally, a garden shed offers extra storage.

The granny flat is privately positioned with its own separate access, featuring two bedrooms. The main bedroom includes an ensuite, while the second bedroom has direct access to the main bathroom and external access. Both bedrooms have built-in wardrobes. The kitchen is modern and stylish with excellent storage, and the open, functional floorplan is complemented by split-system air conditioning and a modern bathroom. The granny flat also benefits from a fully fenced private yard and presents with a near-new feel, making it ideal for additional income or extended family living.

Location highlights include being approximately 500 meters from the Cessnock CBD, within walking distance to Cessnock Public School, and a short stroll to Cessnock High School. Nearby amenities include Turner Park, Cessnock Netball Courts, and easy access to the Hunter Expressway for commuting to Newcastle and beyond. The property is also just minutes from the Hunter Valley Wine Country and close to world-class golf courses, award-winning restaurants, and renowned wineries.

Investment information indicates that the main residence is leased at $550 per week until July 2, 2026, with tenants seeking a long-term arrangement. The granny flat is leased at $495 per week until April 8, 2027. Combined, the property generates a weekly return of $1,045, equating to an annual return of $54,340, representing an excellent yield for investors.

Overall, this property offers a rare and valuable dual-income opportunity in a central location with strong rental appeal, excellent separation between dwellings, and a location that places all amenities within easy reach. It is an investment opportunity worthy of immediate attention.

Disclaimer: All information is gathered from sources considered reliable but cannot be guaranteed for accuracy. Interested parties should conduct their own enquiries. Images and furnishings are for illustrative purposes only and do not represent final products or finishes. Areas are approximate. Independent legal and professional advice is recommended prior to any action or decision.