2A Farnsworth StreetThornton NSW 2322
Property Details for 2a Farnsworth St, Thornton
2a Farnsworth St, Thornton is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 706m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (November 2022)
The astute property investor will recognise quality opportunities when they present. 2A Farnsworth St, Thornton represents the finest of these opportunities. This completed development means, no risk to ballooning construction costs and no risk to lengthy delays in Council. An ideally located development, with immediate investment return outstripping the best interest, banks can offer. If you are serious about investing in property, this property ticks all the boxes.
INVESTMENT SUMMARY
- 2 Separate dwellings on 708m2
- Consisting of a 3 Bedroom, 1 Bathroom home, presenting in display quality and
currently tenanted, returning $500 per week. The second dwelling consists of a 2
Bedroom, 1 Bathroom home, currently tenanted with the proposed return of
$400 per week, when a new lease is entered into.
- Total Investment Return of $900 per week ($46,800 p.a)*
- Walking distance to Thornton Shopping Centre and a short drive to Greenhills
Shopping Centre
- Walking distance to Public Transport (Bus & Train)
- Walking distance to Thornton Public School
- The New Maitland Hospital is only a 7minute drive
- Access to the M1 and New England Highway only 1.8km
- 30 minutes to Newcastle CBD
- Rates are $2771 p.a
PROPERTY FEATURES:
MAIN HOUSE
- Immaculately presented 3 Bedroom Home
- Large living area leading to a South facing veranda with views
- Open plan dining/kitchen area, flowing to a Northeast facing private Alfresco
- Modern Kitchen with ample storage and food preparation area, featuring an
electric cooktop and wall oven
- Three large bedrooms with Built in Wardrobes to Bedrooms 1 & 2.
- Split A/C
- A beautifully appointed bathroom with bathtub/shower and separate toilet
- Large "underneath" carport plus storage room (4m x 2.6m) and Laundry
- Secure yard for Kids and Pets
SECOND DWELLING
- Beautifully presented 2 Bedroom Home
- Spacious open plan living, dining and Kitchen
- Modern Kitchen featuring a Breakfast Bar, Stainless Steel appliances and ample
storage/pantry
- 2 generous sized Bedrooms with built in Robes
- Main Bathroom ideally located close to both Bedrooms
- Split A/C
- Carport
- Secure yard for Kids and Pets
THIS PROPERTY WILL NOT LAST LONG. CALL NOW ON 1 300 6376 11 (1 300 NERO 11), TO MAKE YOUR PRIVATE APPOINTMENT OR LOOK OUT FOR OUR OPEN HOME.
Disclaimer:
All information contained herein is gathered from sources we deem reliable. However, we cannot guarantee its accuracy. Interested parties should rely on their own enquiries. Some of our properties are marketed without a price guide at the vendors request.
**Health & Safety Measures are in Place for All Private Inspections and Open Homes
*Investment return is based upon the current leased return for the main dwelling and the proposed lease return for Dwelling 2.
Property History for 2a Farnsworth St, Thornton, NSW 2322
- 14 Oct 2022Sold for $842,500
- 21 Sep 2022Listed for Sale $840,000 to $870,000
- 31 May 2021Listed for Rent $460 / week
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0About Thornton 2322
The size of Thornton is approximately 16.6 square kilometres. It has 6 parks covering nearly 1.2% of total area. The population of Thornton in 2016 was 8062 people. By 2021 the population was 10690 showing a population growth of 32.6% in the area during that time. The predominant age group in Thornton is 20-29 years. Households in Thornton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Thornton work in a trades occupation.In 2021, 64.30% of the homes in Thornton were owner-occupied compared with 77.30% in 2016.
Thornton has 5,256 properties. Over the last 5 years, Houses in Thornton have seen a 59.25% increase in median value, while Units have seen a 73.92% increase. As at 31 December 2025:
- The median value for Houses in Thornton is $911,867 while the median value for Units is $621,336.
- Houses have a median rent of $650 while Units have a median rent of $595.
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