6 Cross Street, New Lambton NSW 2305

Stylish and attractive art deco home with loads of original features. Double brick and tile set on corner block with 2 street access, this property represents sound real estate investment.

Currently the home is split into 2 fully self contained flats, rented separately. The front flat is a spacious 1 bedroom, plus sunroom, updated bathroom, formal lounge and kitchen with garage under and timber deck to the side entry. Rear flat consists of 2 bedrooms, open plan living and kitchen, bathroom and carport.

Options worth consideration:-

1. Great rental property with potential returns of $550.00 per week
2. 1st home buyers can get into the market by living in one flat and renting the other
3. Ideal renovator or flipper with loads of potential for transition into a 4 bedroom home with little effort.
4. Rent now and possibly develop later (subject to NCC approval). Zoned R3 Medium Density Residential and 2 street access. Block approx. 537m2

Popular location handy to schools, transport, Adamstown village and Westfield Kotara.