North Lambton

Presenting an incredible opportunity for your investment and property ownership. The impressive rental return is $955 plus per week. It is a quality renovated home which can accommodate students or become an important family investment. Located in the quality residential Compton Street, you are away from the hustle bustle and yet easy access to the University of Newcastle, shopping centres and local cafes. Inside the home the bedrooms are all king size with split system air conditioning and room for a desk. The bathrooms are modern and spacious for privacy featuring 4 separate toilets to the home. Come to explore the living space, the kitchen and even the outdoor tranquil yard. There is a 6th bedroom which is currently like a tiny house in the garage. This is just an added extra for friend, and the garage still offers storage at the front. Imagine buying this as an investment for your kids and benefitting from the added income. Contact me for a full list of rental figures and features for this home. - See floorplan for breakdown of rent per room, currently a student accommodation house - There are currently tenants in rooms 1, 2 and 5 whose leases continue to August - The tiny unit in the garage has been the owners relation, another possibility for new buyer - They can remain if the purchaser wishes to renew their leases - Build approx. 1960 with renovations throughout the year - Driveway available for parking, council parking across the road - Buying for your kids means they can have a home and their friends paying rent with them - This property is not going to auction so be quick to inspect and present your offers Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Positioned high atop North Lambton with a south-facing aspect, this charming weatherboard cottage enjoys timber flooring, high ceilings and easy living. The interior is light and bright, featuring 2 bedrooms, open living and dining space with updated kitchen. A neat bathroom with shower and vanity with separate toilet next to laundry for every day convenience. Flowing out from your living and dining is a private and covered sunny deck for BBQs and morning tea. A large single carport with hedges on the perimeter allow protection of your vehicle from the weather. Grass strip for pets and garden and private fencing. There is also ample grass yard in the front of your residence for a potential car pad (STCA). The land title is strata however there is not a strata management for sinking fund nor quarterly contributions. You are only sharing building insurance costs, making this a favourable title and affordable property long term. From your peaceful residence, take part in the surrounding action whilst among North Lambton's central and emerging lifestyle location, Jesmond and Lambton equally convenient from your home features cafe's, great shopping and leisure activities. Located in the prime North Lambton position, this home provides close proximity to the Newcastle University, both John Hunter and Mater hospitals, Lambton Park, zoned for quality schools including Heaton Public School, and 8.6km from the city of Newcastle with city-bound bus transport. - Land size approx. 278sqm - Internal approx. 57sqm - Built approx 1980 - Council rates approx. $391.00 per quarter. - Strata Insurance approx. $590.22 per annum Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.