North Lambton 9 High Street

Located a short walk to Elder Street shops, cafes' and nearby schools, this affordable entry to home ownership has something special to offer. A fully self-contained and detached one bedroom flat is situated just behind the home; perfect for Airbnb/rental income, guest accommodation or granny flat. There is excellent garaging under plus a workshop area or handy storage space. Unique opportunity to purchase a home for yourself and extra income to help pay off your mortgage with a choice of either renting the house or the flat. Positioned on a quiet street in North Lambton in an elevated location, the local area offers great community facilities, Lambton park, pool, schools, and Elder Street cafes' and eateries. Bus transport is also close by and Newcastle University a short drive away. The home has retained some original character features such as an Art Deco style fireplace, polished timber floorboards and high ceilings. There is also additional sub-floor storage under the house which is extensive. Currently rented for $600 pw ($390-house & $210-flat). The property offers many options for first home buyers, investors or downsizers on a budget. INVESTOR LIQUIDATING ASSETS – MUST BE SOLD.

Zoning: R2 Low Density Residential
Council: Newcastle City Council
Land Rates: $1793pa approx
Water Rates: $839pa approx
Rental Income: $600pw

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Property Features

• Garages 2