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Solid Rental Return and Future Development Potential

Privately cushioned behind established gardens, this relaxed and easy care 1960’s classic will instantly capture your imagination with its deceptively large interiors and impressive rear yard that holds immense potential for future development (STCA). Plentiful bedroom accommodation and a location close to the university also make it widely appealing to investors seeking a ready-made return.

Upon entry you are greeted by connecting lounge and dining rooms complete with ornate sandstone fireplace and a gas outlet – perfect for cosy winter nights. A practical kitchen is gas-equipped, boasts a convenient breakfast bar and enjoys direct outdoor access to the lovely alfresco deck that is covered for all-weather use. A second, light and airy living zone sits at the rear, overlooks the expansive yard and has a beautiful slate floor keeping it warm in winter and cool in summer. Five bedrooms, a retro bathroom, a charming garage and enormous level yard add instant appeal and entice future scope to further enhance the home interiors.

North Lambton is well placed between the University of Newcastle and John Hunter Hospital with schools and parks close by for families. Shopping and everyday essentials are available at either nearby Jesmond or Waratah and the area offers easy access to the CBD, beaches and Hunter Expressway.

– Privately set back from the street behind lush greenery
– Exceptionally comfortable while providing scope to modernise and add value
– Enormous rear yard is a blank canvas with room to develop (STCA)
– Sandstone features, timber flooring and double hung windows add charm
– Gas-appointed kitchen with direct connection to an alfresco deck
– Deceptively spacious with five bedrooms and dual living areas
– The charming garage is a spacious weatherboard shed with plenty of potential for the home handyperson, tradie, or hobbyist
– Solar electricity panels for lower utility bills
– High-growth suburb close to University, shopping centre, hospital and parks

Disclaimer:

All information provided by Presence Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, Presence Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers and renters are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.

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