You are currently viewing Shortland property sells for a whopping $565,000 more than its 2015 purchase price
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Shortland property sells for a whopping $565,000 more than its 2015 purchase price

Shortland, NSW – A stunningly renovated property in Shortland has sold for an impressive $835,000 in April 2023, after being purchased for $270,000 back in 2015. The property was sold by private treaty on 17 March 2023, and was listed with Courtney Matheson of Stone Real Estate Newcastle.

The property boasts four bedrooms, two bathrooms, and ample parking space with a freestanding single garage and abundant driveway parking. It sits on a deep 885.2 square metre block with no rear neighbours and far-reaching mountain views towards the Hunter Valley.

The house has been fully renovated from front to back, with a new roof and cladding, as well as a rear entertaining deck. The interiors have been given a modern and stylish touch, with a Caesarstone island kitchen featuring waterfall edges, electric cooking and a dishwasher. All four carpeted bedrooms have built-in robes and plantation shutters, and there is a full bathroom with bath and shower, a master ensuite, and a handy third toilet in the laundry.

The property is located just 1700 metres away from Shortland Public School, 3km from the University of Newcastle, and 12km from Newcastle CBD and beaches. With its picturesque location and impressive renovations, it’s no wonder this property fetched such a high price in the current market.

Overall, the sale of this property showcases the potential for impressive returns on investment for those willing to undertake renovations and upgrades on their properties.


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