FOR SALE
Guide $1,400,000

4 Addison Road
New Lambton NSW 2305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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DUPLEX ON ONE TITLE

Seize the opportunity here !
2 x 2 Bedroom duplex in a most sought after location short walk to New Lambton Village, New Lambton public primary school, parks and transport.
Both units have there own individual floorplan.
Unit 1 presents very well, consists of 2 bedrooms with built ins, living room with separate dining room with a bonus outdoor alfresco patio, plus an extra living/family room that has potential to be a 3rd bedroom. the unit is air conditioned, small yard, garden space and lock up garage.
Unit 2 is in need of work, needs painting, new carpets but is bursting with potential. 2 bedrooms with built ins, separate lounge and dining rooms, small yard space with lock up garage.
Ideal investment opportunity, with the ability to strata into 2 properties, would suit to renovate and re-sell, or perfect for the live in one and rent the other.

Property Details for 4 Addison Rd, New Lambton

4 Addison Rd, New Lambton is a 4 bedroom, 2 bathroom BlockOfUnits with 2 parking spaces. The place is currently for sale with Dowling Property New Lambton.

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About New Lambton 2305

The size of New Lambton is approximately 5.5 square kilometres. It has 29 parks covering nearly 38.8% of total area. The population of New Lambton in 2011 was 9,758 people. By 2016 the population was 10,052 showing a population growth of 3.0% in the area during that time. The predominant age group in New Lambton is 40-49 years. Households in New Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton work in a professional occupation. In 2011, 68.7% of the homes in New Lambton were owner-occupied compared with 68.1% in 2016.

New Lambton has 5,203 properties. Over the last 5 years, Houses in New Lambton have seen a 70.48% increase in median value, while Units have seen a 47.42% increase. As at 31 August 2024:

  • The median value for Houses in New Lambton is $1,088,296 while the median value for Units is $644,534.
  • Houses have a median rent of $680 while Units have a median rent of $483.
There are currently 28 properties listed for sale, and 6 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 204 properties were sold in the past 12 months in New lambton.

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Michael Delaney
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Dowling Property New Lambton
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