Back 10 Penman St
Off Market

10 Penman St

New Lambton NSW 2305

3
1
1
0 m²
334 m²
House
Last sold for $850,000
Lyn Goodin-CollisLyn Goodin-Collis, last sold this property on 06 November 2024 after 98 days on market.

Overview

Welcome to your dream investment property

This home offers amazing value for money - one of the best priced homes in New Lambton. Don't miss out - call today to inspect. You could put a second story on this home, or extend it out the front (STCA) - so many options Discover this beautifully renovated 3 bedroom home. This property is an ideal investment opportunity for those looking to capitalize, in this perfectly situated location that combines convenience and charm, on this small manageable block - which will have instant appeal to any tenant, or also to an owner occupier. Bonus, this property is Torrens Title with no Strata fees to pay! With its desirable location and modern updates, this home is not only a wonderful place to live but also a smart investment choice. The area is know for its strong rental demand, making it an excellent opportunity for investors, offering a rental potential of approximately $720/week. Fully renovated just 18 months ago including new plumbing, wiring, flooring, blinds, a/c, fans and lighting, Crimsafe screens - Contemporary kitchen, stone benches, Omega electric hob, oven and dishwasher - Bathroom has a luxe feel with on-trend black tapware, floating timber soft close vanity, built in tub, rain shower, separate w/c - Three carpeted bedrooms all with built ins - Air conditioning, light and fan combos and LED downlights throughout the home - 650m to New Lambton South Public School, 1.2km to St Therese's Primary, 800m to St Pius, 1 km to Westfield Kotara and Homemaker Centre, 1.2 km to Adamstown train station Don't miss out - this beautifully renovated 3 bedroom home is a rare find in a highly sought after neighborhood. Call now to arrange an inspection - or to gather further information. Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
0 m² floor area
334 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in New Lambton over the last 12 months, the estimated median property value of 10 Penman St is $1.23m.

Median value
$1.23m
Estimated value range
$800k - $2m
Median days on market
24
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in New Lambton. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 10 Penman St

2024
Rented
Undisclosed
Leased on 12 Dec 2024 by Leah Jay Newcastle
2024
Sold
$850,000
06 Nov 2024 by Lyn Goodin-Collis, of Salt Property Newcastle
2024
Rented
Undisclosed
Leased on 06 Mar 2024 by Century 21 Novocastrian | Charlestown

Happy sellers in New Lambton

92%
92% of sellers in New Lambton reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 55 reviews in New Lambton over the last 12 months.

Local market activity for 3 bedroom houses in New Lambton

In the last 12 months, 77 three-bedroom houses similar to 10 Penman St, have been sold.

This represents a 10% increase in three-bedroom houses sales when compared to the previous 12 months.

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