40A & 40B Harris Street, Cessnock

DUAL INCOME OPPORTUNITY WITH STRONG RETURNS & UNBEATABLE CONVENIENCE!

Investors, extended families and savvy buyers alike will immediately recognise the value on offer here. Positioned on a generous 809sqm corner block, this rare dual-occupancy opportunity combines a charming character-filled residence with a modern granny flat, delivering flexibility, convenience and an attractive income stream all within walking distance of the Cessnock CBD.

Properties offering genuine dual-income potential are becoming increasingly difficult to secure, particularly in such a central location. With both dwellings enjoying their own space, separate access and fully fenced yards, this is an opportunity that caters perfectly to investors seeking strong returns, buyers accommodating extended family members or those looking to offset their mortgage with additional rental income.

The main residence is full of character and charm, offering spacious proportions throughout. A modern kitchen complete with extensive storage overlooks the open plan living and dining zone, creating a practical and inviting hub of the home. Multiple split-system air conditioners ensure year-round comfort, while the dedicated study nook provides an ideal work-from-home space.

Outside, multiple decking areas and verandahs allow you to enjoy the sunshine throughout the day, while the fully fenced yard provides plenty of space for children, pets or even the addition of further shedding (STCA).

MAIN RESIDENCE FEATURES:
- Charming three-bedroom home
- Oversized main bedroom
- Built-in storage to two bedrooms
- Modern kitchen with abundant storage
- Open plan living and dining area
- Dedicated study nook
- Multiple split-system air conditioners throughout
- Neat and tidy bathroom
- Laundry with second toilet
Multiple decking and verandah areas
- Fully fenced yard
- Garden shed for additional storage
- Plenty of space for children, pets or future shedding (STCA)

GRANNY FLAT FEATURES:
- Privately positioned with separate access
- Two-bedroom accommodation, main with ensuite and second bedroom with direct access to main bathroom along with external access
- Built-in wardrobes to both bedrooms
- Modern and stylish kitchen with excellent storage
- Open and functional floorplan
- Split-system air conditioning
- Modern bathroom
- Fully fenced private yard
- Still presenting with a near-new feel
- Ideal for additional income or extended family living

LOCATION HIGHLIGHTS:

Approx. 500m to Cessnock CBD
Walking distance to Cessnock Public School
Short stroll to Cessnock High School
Moments from Turner Park
Close to Cessnock Netball Courts
Easy access to the Hunter Expressway for commuting to Newcastle and beyond
Just minutes to the Hunter Valley Wine Country
Close to world-class golf courses, award-winning restaurants and renowned wineries

INVESTMENT INFORMATION:
- Main Residence Lease: $550 per week and in lease until 02/7/2026 with tenants seeking a long-term arrangement.
- Granny Flat Lease: $495 per week and in lease until 08/04/2027
- Combined Return: $1,045 per week
- Annual Return: $54,340
- Put it this way, an excellent yield for you to sit back and take advantage of a great return.

To put it simply, quality dual-income opportunities in central locations are few and far between. With strong rental appeal, excellent separation between dwellings and a location that places everything at your doorstep, this is an investment opportunity that deserves your immediate attention.

Disclaimer:
All information contained herein is gathered from sources we deem to be reliable. However, we cannot guarantee its accuracy, and interested persons should rely on their own enquiries. Images & Furnishing are for illustrative purposes only and do not represent the final product or finishes. For inclusions refer to the inclusions in the contract of sale. Areas are approximate.
All parties are advised to seek full independent legal and professional advice and investigations and or STCA prior to any action or decision