220 Lambton Road, New Lambton NSW 2305

*One on one, pre-registered inspections only. Please contact the below agent to book your COVID Compliant inspection.

Just 300metres from New Lambton village shops, eateries and highly sought-after school, convenience and lifestyle are part of this highly appealing property. On first impression, this is a classic weatherboard home with gorgeous fretwork, ornate plaster ceilings and elegant leadlight windows providing a glimpse into its period soul. A solid investment for several years with a psychology practice as a happy tenant, this property presents a rewarding investment opportunity along with impressive family credentials to potentially renovate, extend or rebuild (STCA).

Corner block positioned with second frontage to Wallarah Road and parking for three vehicles, the property is currently configured with four consulting rooms, a waiting room, study, kitchenette and two toilets. You may choose to leave as is and accommodate the current tenant or a similar professional practice, while family's will relish the opportunity to make their mark in one of the city's most loved suburbs.

This is a very versatile property in an enviable location awaiting its new enterprising owners.

- Classic weatherboard property on north to rear 331sqm corner block
- Zoned R2 Low Density Residential
- Three designated parking spaces accessed via Wallarah Road
- Tenant on lease until October keen to stay and renew
- Currently returning $1,834 per month
- Two toilets (no shower or bath)
- Fresh paint to all consulting rooms and waiting room
- Air-conditioning to three rooms, gas heating
- Just 2km to John Hunter Hospital
- 6km from Newcastle CBD, harbour and beaches

Outgoings

Council rates: $1,542 approx per annum
Water rates: $737.10 approx per annum

***Health & Safety Measures are in Place for Open Homes & All Private Inspections
***All inspection attendees will have to answer a health and safety survey to qualify for the inspection of the property

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