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2 High Street

New Lambton NSW 2305

3
2
2
537.5 m²
House
Currently for sale - view listing

Overview

Dual income investment or corner block of potential

Positioned on the corner of prized Queens Road, this versatile property opens the door to a whole range of possibilities. Currently configured as a two-bedroom unit and separate one-bedroom unit, it offers an immediate income stream for investors while leaving plenty of room to add value over time. Retain the current setup and continue collecting rent, renovate to maximise returns, or reimagine the site entirely on the generous 537.5sqm corner parcel. With its wide frontage and sought-after address, there's also exciting scope for a contemporary new build or duplex development (STCA). Families will also see the appeal in returning the layout to a traditional three-bedroom, two-bathroom home, with flexible living zones and separate access creating options for extended family, teenagers or work-from-home space. High ceilings, oversized rooms and the classic bones of the original home provide a solid foundation to update and personalise over time. The lifestyle factor here is equally compelling. Novocastrian Park is just 350m away for morning walks or kicking the footy around, while Alder Park is close by for weekend sport and the kids' playground. Blackbutt Village is an easy stroll for coffee and pastries from Euro Patisserie or an easy pub meal at the Blackbutt Hotel. Westfield Kotara sits just 2km away for shopping and rooftop dining, while John Hunter Hospital can be reached in around six minutes. -Generous 537.5m2 corner block with development potential -Two separate single garages -Current rents - 1 bed $335 per week. 2 bed $450 per week -Stroll to IGA, Blackbutt shops, moments to McDonald Jones Stadium, Blackbutt Reserve -New Lambton Sth Public – 1.2km, St Therese's Primary – 1.3km, Trinity Catholic College – 2.2km, HSPA – 2.3km, Kotara High – 2.8km -UoN – 6.2km, Merewether Beach – 6.1km, Newcastle Interchange – 7km * This information, including but not limited to photographs (which may show boundaries), copywriting, floorplans, and site plans, has been prepared solely for the purpose of marketing this property. While all care has been taken to ensure accuracy, we do not accept any responsibility for errors, omissions, or inaccuracies. We strongly recommend that all interested parties make their own enquiries and seek independent advice, including speaking with their conveyancer regarding boundaries and, where appropriate, obtaining a surveyor's report, to verify the information provided.

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
537.5 m² lot size
House

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, 75 three-bedroom houses similar to 2 High Street, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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