4/285 Sandgate Road, Shortland NSW 2307

Modern townhouse | 2016 build | University proximity | Low-maintenance courtyard | Boutique complex of five This property presents a competitively strong offering for a first-home buyer or investor seeking a modern, low-maintenance home in a stable location. Its 2016 construction date ensures contemporary finishes and building standards, while the north-facing courtyard and internal garage access provide practical livability. The configuration, with three bedrooms and two bathrooms, aligns with core demand from small families and sharers, further amplified by its direct walkway connection to the University of Newcastle, which underpins consistent rental demand. The primary decision point is the price growth expectation embedded in the current asking range, representing a significant uplift from its late-2023 sale. This necessitates a disciplined valuation to justify the premium against recent market movements. For an investor, the 35% rental composition in the complex signals established yield potential, but requires verification of actual rental returns. The absence of overlays simplifies due diligence. Consider this property as a long-term hold for its locational utility; proceed only with a Propcred report to pressure-test its valuation, confirm strata health, and identify any locality-specific risks affecting insurance or future equity growth. * Last sold: December 2023 for $650,000 * Previous sale: January 2017 for $417,500 The 12% appreciation since late 2023 sets a recent benchmark, but the current asking price demands scrutiny to ensure it reflects genuine market growth rather than optimistic vendor expectations.