2/118 Durham Road, Lambton NSW 2299

With a lease expiring on the 16th September, 2015 this Townhouse provides an excellent opportunity for investors searching for a property with a guaranteed rental return in an area currently seeing significant capital growth.

The two storey, two bedroom townhouse sits on a rise with views from the back towards Lambton Heights and offers extra convenient amenities and positioning.

The modern building has a cute front garden lined with palms and a picket fence, alongside which there is a driveway which goes through to the back yard - allowing extra parking there if desired - and a single lock up garage with internal access.

Enter via a small front porch and inside you'll find on the ground floor an open plan living/dining/lounge area which is partly carpeted and otherwise presents with attractive polished floorboards.

The kitchen is spotless and practical and has a breakfast bar. Further along there is a bathroom and laundry and out the back a verandah - great for al fresco meals - overlooking a nice lawn with various hedges, shrubs and trees.

Upstairs there is a large master bedroom with walk in robe, separate closet and en-suite with double basins. The second bedroom has a BIR and pleasant aspect from the window, and across the hall another well-lit bathroom & separate toilet.

There are ample storage cupboards upstairs and downstairs, as well as A/C units.

Within walking distance to expansive Lambton Park and Elder St shops & eateries, ready to move into and low maintenance, this property will appeal to folks looking for functionality and advantageous location.

Figures & Fees:

Strata Fees: $863.20 per quarter
Council Rates: $306 per Quarter
Rent return: $410 per week (Lease expires 16/09/15)
Strata Inspection Report Available upon request.