101 Young Road Lambton

For Sale $690,000 - $740,000

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Opportunity Knocks, with so many options!

DA approval to subdivide and build two new homes or keep the original home for excellent investment and build your dream home at the rear.
Beautifully positioned amid Lambton's superb family lifestyle including Lambton Swim centre and park, this property offers limitless potential for the astute buyer with DA approval for a two lot subdivision and the erection of two brand new freestanding four bedroom homes is already in place.
Each home includes up to the minute interiors, double garage, robed bedrooms served by two bathrooms and a sought after second living space upstairs.
With all the hard work done, why not reap the benefits with convenience, lifestyle and the potential for fast capital growth.
Discussions with town planners have also enabled the opportunity for the existing house to remain and to simply build the rear dwelling and subdivide on completion. Live in original house why you build new property, on completion of new property move into the property and either sell original home or retain as an investment.

* See floorplans for elevations and artist impressions.
* 483m2 approx. corner block with dual street access.
* Existing 3 bed home currently tenanted at $450PW.
* Excellent location between Lambton and New Lambton's popular villages.
* Newcastle Uni is just 3km approx. and Lambton has its own primary/high schools.
* Excellent opportunity for property developers, investors and families alike.

Council Rates: $535.00 PQ approx
Water Rates: $260 + usage approx
Current Rent: $450 PW approx

Property Features

  • Land Size : 483.00 m2
  • Balcony
  • Floorboards
  • Reverse Cycle Aircon
  • Secure Parking
  • Vacant Land
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Property ID: 3253188

Lisa Macklin

Lisa Macklin

0410 545 947

Location map for 101 Young Road Lambton

Contact Office

Dalton Partners

72 Glebe Road, PO Box 20

The Junction 2291

T 02 4969 3500

F 02 4969 5393

This information has been provided to us by third parties and we do not accept any responsibility for its accuracy. You should make your own enquiries and check the information so as to determine whether or not this information is in fact accurate. You must make your own assessment and obtain professional advice if necessary.