Back 40 Fleet Street
Off Market

40 Fleet Street

New Lambton NSW 2305

3
1
1
404 m²
House
Last sold for $1,166,000
Ryan GiffordRyan Gifford, last sold this property on 08 August 2025 after 21 days on market.

Overview

Endless Potential in the Heart of New Lambton

Positioned in one of Newcastle's most sought-after suburbs, this rare offering delivers exceptional potential in an unbeatable location. Whether you're looking for a dream site to knock down and rebuild, a rewarding renovation project, or exploring the possibility of a dual-occupancy or duplex development (STCA), the choice is yours. Set on an almost square block with an impressive 20.3 metre frontage, the 3 bedroom home sits in mostly original condition, providing a blank canvas with solid bones and an updated bathroom already in place. This is a chance to bring your vision to life in a tightly held street where opportunities like this are becoming increasingly rare. Location is everything, and this address truly shines. Just 60 metres to Regent Park and a flat 750m stroll to the village charm of New Lambton shops and cafes, you're also moments to New Lambton Public School, Lambton Park, and just minutes from John Hunter Hospital, Westfield Kotara and Newcastle CBD. Whether you're a builder, developer, or homebuyer ready to create your forever home in a blue-ribbon locale, this is an opportunity that rewards vision and action. Features: - AC in front two bedrooms and kitchen - Wide single garage - Fans in front two bedrooms - A covered workshop area of the back of the house - Regent Park a 60m walk - Alma St Shops a 750m walk - Zoned R2 Low Density Residential - New Lambton Public School - 504m - Lambton High School - 1.5km

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
404 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 40 Fleet Street is $1.23m.

Median value
$1.23m
Estimated value range
$800k - $2m
Median days on market
23
Estimated value trend
9%
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 40 Fleet Street

2025
Rented
Undisclosed
Leased on 17 Nov 2025 by Presence Real Estate Newcastle
2025
Sold
$1,166,000
08 Aug 2025 by Ryan Gifford, of Shore Property

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 40 Fleet Street, have been sold.

This represents a 11% increase in three-bedroom houses sales when compared to the previous 12 months.

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