61A Lookout RoadNew Lambton Heights NSW 2305
Property Details for 61a Lookout Rd, New Lambton Heights
61a Lookout Rd, New Lambton Heights is a 5 bedroom, 4 bathroom House with 2 parking spaces and was built in 1993. The property has a land size of 453m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in December 2018.
Last Listing description (February 2023)
Whether it's for permanent living or its commercial appeal, this versatile property will create enormous interest, with its super-handy location the icing on the cake. Successfully operating as the John Hunter Bed & Breakfast for the last decade, it features four bedrooms two with ensuite a main bathroom, lounge, dining and kitchen spaces plus an air-conditioned office with its own bathroom. Two off-street parking spaces and a small garden at the rear add a fine finishing touch.
Positioned on a service road, directly opposite the main entrance to the John Hunter and Newcastle Private hospitals, the property enjoys excellent occupancy rates mainly from hospital staff and family members of out-of-town patients.
The property's handy location will also appeal to families seeking entry into this desirable suburb with New Lambton's highly sought-after school and vibrant village hub just moments away.
- Brick residence on 455sqm parcel with R2 Low Density Residential Zoning
- Newcastle City Council approval to operate as a Bed & Breakfast
- All furniture and fittings included as part of the sale
- Ducted air-conditioning and alarm system
- Financials available on request
- Just moments from the inner-city by-pass means, Charlestown and Lake Macquarie
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Property History for 61a Lookout Rd, New Lambton Heights, NSW 2305
- 08 Nov 2022Listed for Sale Price Guide - $750,000
- 05 Dec 2018Sold for $740,000
- 31 Jul 2018Listed for Sale Price Guide - $750,000
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About New Lambton Heights 2305
The size of New Lambton Heights is approximately 3.1 square kilometres. It has 14 parks covering nearly 16.5% of total area. The population of New Lambton Heights in 2011 was 2,155 people. By 2016 the population was 2,451 showing a population growth of 13.7% in the area during that time. The predominant age group in New Lambton Heights is 40-49 years. Households in New Lambton Heights are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in New Lambton Heights work in a professional occupation. In 2011, 88.2% of the homes in New Lambton Heights were owner-occupied compared with 85.9% in 2016.
New Lambton Heights has 1,084 properties. Over the last 5 years, Houses in New Lambton Heights have seen a 63.62% increase in median value, while Units have seen a 34.67% increase. As at 31 October 2024:
- The median value for Houses in New Lambton Heights is $1,065,899 while the median value for Units is $602,555.
- Houses have a median rent of $800 while Units have a median rent of $320.
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