Sold
+ 7

5 Main Road, Paxton

SOLD

6 2 1 999 m2

Dual Occupancy with $640 per week rent potential

At the end of every drought it always rains and when this particular drought is over the lagoon will be replenished and the view will be magnificent.

The 2 x three bedroom homes sit on a large block of land approx 999m2, set in the village of Paxton in arguably one of the best positions the town has to offer.

This property would suit the buyer with vision that can see the potential of the properties as well as their position. Both dwellings are both a work in progress there is no denying that.
The properties would be desirable as potential rental stream or great for large extended families. Move into 1 and rent 1, move into both, rent both the options are there.

Both properties have olde style features such as, ornate high ceilings, and polished timber floors, as well as lovely outside areas to enjoy the view of the lagoon and surrounding areas.

The front house is currently 3 bedroom, 1 bathroom and a work in progress which requires some obvious work to complete, but would, in its current condition would return $320 per week.

The rear property is also 3 bedrooms, 1 bathroom and is returning $320 per week.
There is a small shed out side for storage and houses a laundry, and the properties are fenced between.
The combined rent would be $640 per week.

The property sits approx 11 km from the centre of Cessnock with easy access to the Central Coast, Sydney and Newcastle and the famous Hunter wineries are a short drive away giving you access to all the region has to offer. Paxton and surrounds is the quiet semi rural lifestyle you have been looking for then this property is worth a look.

The bones of the properties are very good and the position is excellent. Sit on the veranda of either house and enjoy the vista, even without water in the lagoon it is breathtaking.

Details

Address 5 Main Road, Paxton
Price SOLD
Property Type Residential
Property ID 2469
Category House
Land Area 999 m2

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Michael Cleaves

0499 901 855