Back 3/118 Kings Road
Off Market

3/118 Kings Road

New Lambton NSW 2305

2
1
1
Unit
Last sold for $690,000
Nora McNamaraNora McNamara, last sold this property on 22 October 2025 after 75 days on market.

Overview

Investment Potential in Prime New Lambton Location

This well presented two-bedroom unit is the perfect addition to your investment portfolio or an ideal entry into the market. Set at the rear of a quiet and well-kept complex on sought-after Kings Road, this property offers privacy, practicality, and immediate rental income with excellent long-term tenants already in place. The property is walking distance to local shops, cafes, public transport & just minutes to John Hunter Hospital, Westfield Kotara & Newcastle CBD. Features include: • Two spacious bedrooms, both with built-in wardrobes • Bright and airy open-plan living and dining area • Updated kitchen with modern cabinetry, stainless steel appliances & ample bench space • Renovated bathroom with quality fittings and separate toilet • Internal laundry with external access • Single lock-up garage with internal access for added security and convenience • Low-maintenance courtyard - perfect for relaxing or entertaining • Positioned at the rear of the complex for added privacy and quiet • Currently leased to quality tenants • Strong rental return and low vacancy risk Don't miss out on this fantastic opportunity to add to your investment portfolio or to get a foot into the investment market! 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

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in New Lambton over the last 12 months, the estimated median property value of 3/118 Kings Road is $705k.

Median value
$705k
Estimated value range
$670k - $825k
Median days on market
38
Estimated value trend
4%
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 3/118 Kings Road

2025
Sold
$690,000
22 Oct 2025 by Nora McNamara, of Ray White Newcastle Lake Macquarie
2025
Rented
Undisclosed
Leased on 02 May 2025 by Ray White Newcastle Lake Macquarie

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 2 bedroom units in New Lambton

In the last 12 months, 5 two-bedroom units similar to 3/118 Kings Road, have been sold.

This represents a 20% decrease in two-bedroom units sales when compared to the previous 12 months.

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