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Sold on 18 Aug 2023 for $670,000

35A Penman Street
New Lambton NSW 2305

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 477m2
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Property Details for 35a Penman St, New Lambton

35a Penman St, New Lambton is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 477m2. While the property is not currently for sale or for rent, it was last sold in August 2023. There are other 4 bedroom House sold in New Lambton in the last 12 months.

Building Type
House
Land Size
477m2
Local Government
Newcastle
Lot/Plan
1/DP1191150

Last Listing description (August 2023)

On offer is this older style charming character filled property in an outstanding central location only minutes from shopping centre's, sporting fields, quality schools & 15-20 minutes to Newcastle CBD, beaches & the Foreshore.

Needing some TLC you won't find a better opportunity in this highly desirable suburb.

Offering four bedrooms, two bathrooms in total along with multiple internal living spaces this property is configured in a way that offers you flexibility & many options depending on your circumstances & requirements. The main area consists of three bedrooms, kitchen, dining, living, bathroom ideal for the family & the secondary area consists of a fully self-contained one bedroom unit with its own separate access which is perfect for the teenager of the family wanting their own space or alternatively can be leased out providing you with a nice weekly passive income.

Another great option is Unit 1 (fully-self contained) would be ideal for the elderly relative who wants or needs to be close but still able to maintain their own independence.

This one is packed with opportunity & potential offering many different viable options. Opportunities at this price in this suburb are very rare.

Unit 2 as shown on the floor plan - has gas and electricity.
Unit 1 - just electricity.
Electricity is separately metered. Water is not.

• Four bedrooms (total) BIR's, fans
• Two bathrooms, two kitchens (total)
• Multiple internal living zones
• Fully self contained unit with separate access
• Older style property, split system-air conditioning
• Polished timber, carpets & vinyl flooring
• Study nook or small children's play area
• 477m2 block approximately
• Garage + carport
• Outstanding central location
• An opportunity not to be missed
• Unit 1 - $330 - $370 pw rental approx
• Unit 2 - $550 - $580 pw rental approx

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Property History for 35a Penman St, New Lambton, NSW 2305

A timeline of how this property has performed in the market
Last Sold
$670,000
18 Aug 2023
Listed for Rent
$350/w
15 Apr 2017
  • 11 Aug 2023
    Sold for $670,000
  • 26 Jul 2023
    Listed for Sale $690,000
  • 13 Apr 2017
    Listed for Rent - Price not available

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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 5,193 properties.

    There are currently 24 properties listed for sale, and 4 properties listed for rent in New lambton on OnTheHouse. According to CoreLogic's data, 217 properties were sold in the past 12 months in New lambton.

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