1 And 2/29 Bangalay Street
Heddon Greta, NSW 2321

This property offers a unique investment opportunity with two established income streams from a single quality asset. Located in the growing Hunter region, this modern dual occupancy duplex is situated on a 513 square meter parcel in the sought-after suburb of Heddon Greta. The residence is constructed with brick and tile, combining spacious accommodation and modern finishes to appeal to a broad range of tenants.

Designed specifically for dual income, the property provides investors with the advantage of existing rental returns and zero vacancy risk, alongside the benefits of a low-maintenance, modern asset. The floorplans are well thought out, offering generous living spaces and private outdoor areas for each residence, ensuring ongoing tenant appeal.

The main residence features three generously sized bedrooms, two bathrooms, and internal access to a lock-up garage, providing comfortable and practical living arrangements. The second residence includes two bedrooms, one bathroom, and a single garage, making it ideal for tenants seeking a separate but connected living space.

Completed in 2023, the construction is modern and includes fully ducted air conditioning throughout both residences, ensuring year-round comfort. The bedrooms are spacious, and the floorplans are designed to maximize tenant appeal and functionality.

Each residence benefits from north-facing, fully fenced rear yards, offering private outdoor spaces that enhance the living experience. The quality brick and tile construction ensures minimal ongoing maintenance, making this an attractive option for investors looking for a hassle-free property.

Positioned in a high-demand growth corridor, the property enjoys easy access to the Hunter Expressway, which connects Newcastle, Maitland, and the Hunter Valley, facilitating convenient travel to key employment hubs and amenities.

Local amenities include proximity to several schools, shopping facilities, the Kurri Kurri Golf Club, and the iconic Heddon Greta Drive-In Cinema, adding to the lifestyle appeal of the location.

The property is zoned R2 Low Density Residential and is subject to council rates of approximately $3110 per annum and water rates of approximately $852 per annum.

This listing is currently in the 'Preview' phase, meaning it has just been listed and is in the early weeks of marketing. The sellers have not yet set a formal price, preferring to gather market feedback before promoting a price. Offers can be made during this period, and the seller may accept an offer at any time.

Prospective purchasers are advised to conduct their own investigations to verify the information provided. Photographs may have been digitally enhanced and may include virtual furniture.