5/441 Newcastle Rd

Lambton NSW 2299

40 m²

60 m²

Apartment

Currently for sale - view listing

Overview

Appealing Apartment, Convenient Central Location.

Step inside this beautifully presented, low maintenance one-bedroom apartment, perfectly positioned in the heart of Lambton. Whether you're a savvy investor or a first home buyer looking to enter the market this property offers an outstanding opportunity in a highly convenient location. Enjoy the ease of living just minutes from Lambton Pool, Lambton Park, and the Mater Hospital, with everything you need right at your fingertips. Inside, the apartment features a modernised kitchen complete with a dishwasher and induction cooktop, along with an updated bathroom meaning there's nothing left to do but move in or continue leasing with confidence. The generously sized bedroom includes a built-in mirrored wardrobe, ceiling fan, and large double windows that invite in an abundance of natural morning light. Positioned facing Young Road, the apartment enjoys a pleasant outlook and added privacy. Located in one of Newcastle's most central suburbs you're just a 15 minute drive to the CBD and some of the region's best beaches. The John Hunter Hospital is approximately 8 minutes away, while the Mater Hospital is only 4 minutes away. Take advantage of the lifestyle on offer with Lambton Park just a short 5 minute stroll away, featuring a playground, tennis courts, bowling club, and the ever-popular Lambton Pool perfect for summer days. Additional features include a single car space with access off Young Road, plus a shared laundry with room for your own washing machine and dryer. Currently tenanted on a fixed lease until 29/03/2027, returning $480 per week, this is a ready-made investment with immediate income. Key Features: Spacious one-bedroom with built-in mirrored wardrobe and ceiling fan Updated kitchen with dishwasher and induction cooktop Modernised ensuite bathroom Single carport with access via Young Road Shared laundry facilities Strong rental return of $480 per week (leased until March 2027) Ideal for investors or first home buyers Outgoing expenses. Strata rates approx $776 Per Quarter. Water rates approx $274 Per Quarter. Council Rates approx $415 Per Quarter. Disclaimer: We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations