8 Mcgrane Street, Cessnock NSW 2325

799sqm block | dual living zones | leased until mid-2026 | flood overlay flagged The property’s competitive edge lies in its 799sqm block with side access and two separate lounge rooms, a configuration rare in Cessnock’s current stock. The enclosed BBQ and entertaining area adds further functional space, making this house suitable for a buyer seeking both immediate rental income and future subdivision or extension potential. The current lease at $520 per week provides a holding yield while the buyer assesses longer-term options, and the location near schools, shops, and transport supports consistent tenant demand. The flood overlay is the primary risk and warrants a thorough due diligence review, as it may affect insurance premiums and future development approvals. However, the absence of bushfire or heritage overlays reduces regulatory complexity. The 115% price appreciation since 2017 reflects strong market momentum in Cessnock, and the property’s brick-and-tile construction offers low maintenance. For a buyer prioritising land content and dual-living flexibility over a pristine interior, this house presents a calculated opportunity in a growth corridor.