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Back 1-4/59 Womboin Road
Off Market

1-4/59 Womboin Road

Lambton NSW 2299

5
4
4
0 m²
464.3 m²
Block of units
Last sold for $1,841,000
Michael FlookMichael Flook, last sold this property on 10 April 2026 after 32 days on market.

Overview

Block of 4 units to be sold in one line

Presenting an exciting opportunity to secure an entire block comprising four single-level units, three one-bedders and one two-bedder. Each residence has been freshly painted and has an updated kitchen and bathroom, own carport along with access to a shared laundry, creating a straightforward, low-maintenance setup that tenants appreciate. Recent upgrades strengthen the investment, including a brand-new roof and an updated meter board. Owner has recently had the units strata titled. Fully leased and returning a gross $89,440 per annum, it's a ready-made income producer from day one. The solid return and multiple income streams also make it a compelling addition to a self-managed super fund, offering dependable cash flow with flexibility for the future. Investors can retain the block and enjoy all four rentals or sell the units individually over time to owner-occupiers or investors. Location only adds to the appeal. Lambton High School and McDonald Jones Stadium sit just steps away, while New Lambton's lively café and shopping strip is only minutes from home. Westfield Kotara, John Hunter Hospital and the beach are all within easy reach, rounding out an investment that's both smart and highly desirable. - Single level brick apartment block of four residences - 464.3sqm block, zoned R2, 15.39m X 30.17m - Unit four at rear features two bedrooms, units 1-3 each feature one bedroom - Each with electric-equipped kitchen, modern shower bathroom, carport, shared laundry - Currently returning a combined $89,440pa - University of Newcastle – 4.8km, Honeysuckle – 5.7km, Merewether Beach – 7km, - New Lambton Public School and Lambton High catchment zones Click here to register for the Auction: https://buy.realtair.com/properties/242255

Features

5 bedrooms
4 bathrooms
4 carspaces
4 carport spaces
0 m² floor area
464.3 m² lot size
Block of units

Estimated Value

We need at least 3 similar 5 bedroom block of units sold in Lambton over the last 12 months.

Property history for 1-4/59 Womboin Road

2026
Sold
$1,841,000
10 Apr 2026 by Michael Flook, of Robinson Property

Happy sellers in Lambton

93%
93% of sellers in Lambton reported that their sale price either exceeded or met their price expectations.

Lambton stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Lambton over the last 12 months.

Local market activity for 5 bedroom block of units in Lambton

Nearby agents

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Sue Odgers

Sue Odgers is a recommended agent for Lambton.  They have 4 local sales and collected 8 local reviews across the last 12 months.

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Scott Richardson

Scott Richardson is a recommended agent for Lambton.  They have 3 local sales and collected 5 local reviews across the last 12 months.

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Luke Wilson

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Michael Flook

Sellers who recommend Michael Flook have praised them for being local expert, clear communication, reliable, responsive, supportive, honest and friendly

  •   4.9   (551 reviews)
  •  3 Reviews in Lambton
  •  2 Sales in Lambton
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