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Nestled within a tranquil canopy of trees, this adaptable two-story residence offers immediate livability and serene surroundings. Embracing a wealth of verdant flora and fauna, it presents an exceptional opportunity for those entering the New Lambton Heights market.The original layout features four bedrooms, two bathrooms, and an open-plan living area flowing into a generous kitchen. Recent renovations have the property converted into a 3-bedroom home upstairs and a self-contained flat downstairs. Returning a rental income of $340 P/W downstairs and $550 P/W upstairs combined with $890 P/W with an ongoing lease, it stands to have a solid return. Primed for a contemporary transformation, this property appeals to first-time buyers and ambitious renovators or savvy investors. With its sought-after location, this home promises significant potential for modern upgrades and capitalisation. The home offers so many options: Families- take over the entire house and make use of the downstairs as a teenage retreat or a place for grandparents and friends to stay. Investors - dual-income investment with happy long-term tenants. Best of both worlds - homeowners live upstairs and benefit from renting out the downstairs flat. A world of opportunity awaits!
- Ideal opportunity for first-time buyers or enthusiastic renovators
- Conveniently positioned between beaches and a pristine lake
- 4 bedrooms and two bathrooms
- Expansive open-plan living
- Downstairs self-contained flat with separate entrance and electricity metering: full kitchen and lounge/dining, bedroom, shower and W/C with lockable entrance to shared laundry
- Sliding lockable gate for added security, accompanied by a single carport and ample outdoor space for recreation
- Original floor plan presents a canvas for contemporary enhancement
- Generous block adorned with abundant flora and fauna
- Other features: Ducted AC, private backyard with high fences
- 900 m to Cambridge Hills Preschool, 3.8 km to New Lambton Public School, 5.1 km to Lambton High School
- 5.4 km to Westfield Kotara Shopping Centre, 2.5 km to John Hunter Hospital