1 & 2/29 Bangalay Street
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About this property
Delivering two established income streams from one quality asset, this modern dual occupancy property presents an exceptional opportunity for investors seeking strong returns, low-maintenance ownership, and long-term growth potential. Positioned on a 513sqm parcel in sought-after Heddon Greta, this brick and tile residence combines spacious accommodation, modern finishes, and broad tenant appeal in a location experiencing continued demand. Purpose-built to deliver dual income from a single holding, this property offers investors the benefits of existing rental returns, zero vacancy exposure, and a modern low-maintenance asset. The well-designed floorplans, generous accommodation, and private outdoor spaces ensure ongoing appeal. Located in the popular suburb of Heddon Greta, the property enjoys close proximity to local schools, shopping facilities, Kurri Kurri Golf Club and the iconic Heddon Greta Drive-In Cinema. With excellent access to the Hunter Expressway and key employment hubs throughout the region, this is an investment opportunity that combines immediate income with long-term growth prospects. * Dual occupancy investment with two separate residences on one title * Main residence featuring three generous bedrooms, two bathrooms, and internal access to a lock-up garage * Second residence offering two bedrooms, one bathroom and single garage * Modern construction completed in 2023 * Fully ducted air conditioning throughout for year-round comfort * Spacious bedrooms and practical floorplans designed for broad tenant appeal * North-facing, fully fenced rear yards providing private outdoor space for each residence * Quality brick and tile construction with minimal ongoing maintenance requirements * Positioned on a 513sqm parcel in a high-demand growth corridor * Easy access to the Hunter Expressway, connecting Newcastle, Maitland and the Hunter Valley Zoning: R2 Low Density Residential Land Area: 513sqm approx Council: Cessnock Land Rates: $3110pa approx Water Rates: $852pa approx 'PREVIEW' This means the property has just been listed and is in the first weeks of marketing. If you inspect the home, you will be amongst the first buyers to view the property. The sellers have not yet formally set a price for the property as they want to obtain feedback from the market prior to promoting a price. Century 21 will provide you with information on recently sold properties in the area whilst the property is being promoted for sale by Preview. You can definitely buy a property during the 'Preview' promotion, there is no barrier to making an offer to purchase the property. The seller can accept an offer at any time. Disclaimer: We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.
Property Details
- Property Type
- duplex
- Listing Type
- For Sale
- Bedrooms
- 5
- Bathrooms
- 3
- Parking
- 2
- Land Area
- 513 m²
- Listed
- 3 weeks ago
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Neighbourhood
Living in Heddon Greta
This 5-bedroom duplex in Heddon Greta, NSW 2321 sits within reach of public transport, local amenities.
What's nearby
- Adams St at Heddon St (bus) — 378 m away
- Hedleigh Park — 319 m away
- Unnamed — 1.7 km away
Heddon Greta at a glance
Full suburb profile- Population
- 2,838
- Median age
- 33
- Household income
- $2,130/wk
- Median rent
- $420/wk
- Median mortgage
- $1,950/mo
Source: ABS Census.
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Heddon Greta price trend
Median sold · House 5+ bed
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