Back 5/185 Kings Road
Off Market

5/185 Kings Road

New Lambton NSW 2305

2
1
1
Unit
Last sold for $599,000
Katrina MortensenKatrina Mortensen, last sold this property on 30 July 2024 after 15 days on market.

Overview

Cozy Comfort with Classic Appeal

Welcome to this meticulously presented home, perfect for first home buyers, downsizers or astute investors seeking low-maintenance living in a boutique-style complex. This modern brick and tile villa, part of a boutique complex of only five homes, is ideally suited for those looking for a peaceful and private setting. Featuring two spacious bedrooms with built-in wardrobes, the main bedroom opens onto a paved courtyard, providing a serene outdoor escape. The centrally located, well-appointed bathroom offers convenience for residents and guests alike. The open-plan living room, bathed in natural light, is equipped with air conditioning, creating a lovely space to relax and unwind. The modern, functional kitchen boasts a breakfast bar, perfect for casual dining and entertaining. Enjoy the convenience of internal access from the single garage, which includes an automatic remote door and a separate laundry. Bask in the sunshine or entertain year-round in the generous-sized, covered rear courtyard. Energy efficiency is enhanced with the installation of solar panels, ensuring low-cost electricity. This well-presented and maintained home is move-in ready while also providing the opportunity to enhance its value through modern updates. Currently tenanted until June at $495 per week, this property offers an immediate rental income opportunity. Perfectly positioned in a central location, this home provides easy access to local amenities, making it a prime choice for those seeking comfort, convenience, and charm. Don't miss out on this unique opportunity to own a charming, low-maintenance home in a sought-after location! Zoned for New Lambton South Public School and Kotara High School. Council rates: $1,630 approximately per annum Water rates: $795 approximately per annum Strata rates: $2,425 approximately per annum Disclaimer: We have obtained all information provided here from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations and satisfy themselves of all aspects of such information including and without limitation, any income, rentals, dimensions, areas, zoning, inclusions & exclusions.

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 5/185 Kings Road is $720k.

Median value
$720k
Estimated value range
$670k - $846k
Median days on market
24
Estimated value trend
7%
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 5/185 Kings Road

2024
Sold
$599,000
Private Sale/Treaty on 30 Jul 2024 by Katrina Mortensen, of Crawford Real Estate
2021
Rented
Undisclosed
Leased on 02 Jun 2021 by Love Realty

Happy sellers in New Lambton

84%
84% 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 54 reviews in New Lambton over the last 12 months.

Local market activity for 2 bedroom units in New Lambton

In the last 12 months, 9 two-bedroom units similar to 5/185 Kings Road, have been sold.

This represents a 125% decrease in two-bedroom units sales when compared to the previous 12 months.

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