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Living
Living
Facade
Kitchen
Bedroom
Bedroom
Bathroom
Granny Flat Entry
Kitchen
Living
Living
Bedroom
Bedroom
Bathroom
Facade
Living
Kitchen

8 Algona Road, Charlestown

6
3
5
$1,100,000 - $1,150,000

Calling Investors - Fresh Presentation and Multiple Income Streams

An outstanding opportunity exists for investors to take full advantage of this property's diverse multiple-dwelling footprint and prime Charlestown location. Presenting versatile options for family living or home and income, the large main home boasts air-conditioned living areas, plantation shutters, versatile flooring and well-equipped kitchens. A separate two-bedroom granny flat sits at the property's rear and was constructed in 2020, boasting up-to-the-minute style and also featuring a living room with split-system air-conditioning and a glossy kitchen. Each of these dwellings are crisply presented throughout and offer lock-and-leave convenience. This is the kind of opportunity investors often seek yet rarely find. With the rooftop dining hub, retail stores and cinemas at Charlestown Square within a 5-minute stroll, medical centres on the doorstep, Fernleigh Track minutes away, and the local area short on rental accommodation, 8 Algona Road promises a rewarding and fuss-free property to add to any investment portfolio. - Split-level home configured for rental convenience, plus a modern granny flat - Combined, these dwellings have a potential income return of $1,600 per week - Split-system air-conditioning in each home backed up by ceiling fans in all bedrooms - Fresh and modern throughout, and all enjoy plenty of natural sunlight - Plantation shutters, quality floor coverings and clean, neutral colour palettes - Younger investors may choose to live in one dwelling and rent the others - Set upon a large 758sqm parcel in central Charlestown - 4-min drive to Dudley Beach, 7-mins to Redhead Beach or Warners Bay - 10-min drive to John Hunter Hospital or Newcastle's CBD and harbour

Real Estate Agent
Real Estate Agent
Property information
Property ID
222P491822
Property type
House
Land size
758.0 sqm
Council rates
$499.0 per quarter
Water rates
$261.0 per quarter

Request for Contract

Thank you for your interest in 8 Algona Road, Charlestown NSW 2290. To receive a copy of the contract via email, please fill in your details below.

 
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Get to know the area

Well positioned between the coastline and Lake Macquarie, Charlestown offers the best of both worlds – a suburban hub that that lays claim to the largest shopping centre in the Newcastle region, Charlestown Square, and access to pristine beaches and beautiful coastlines.

Your local office

Belle Property Lake Macquarie is a highly respected agency entrenched in the Lake Macquarie region. Led by Principal Anthony Di Nardo, the experienced sales and property management team consistently deliver a professional real estate experience unlike any other in the Lake Macquarie region.

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