15 Chinchen Street

North Lambton NSW 2299

This lovely home features three spacious bedrooms, with the front bedrooms fitted with built-in robes. Enjoy a central lounge room with split system air conditioning and an updated kitchen offering ample storage. The bright dining area opens through glass sliding doors to a generous timber deck, perfect for entertaining. Freshly painted throughout and recently updated carpet, there is nothing to spend.

The Granny Flat- currently vacant, estimated market rent $550.00/ week.

This modern granny flat, built in 2020, features two spacious bedrooms and a functional kitchen with provisions for a dishwasher. The open-plan living area creates a welcoming feeling, complemented by a well-appointed bathroom and laundry. Additional amenities include air conditioning, electric appliances, built-in wardrobes, and ceiling fans, ensuring comfort throughout the year.

Outgoings:
Council Rates $2162 per annum.
Water Rates $925 per annum (excluding usage).

Investment highlights:
* Median House Sale Price: $844,000, reflecting the area's desirability.
* Median Rent Value: $590, offering attractive rental opportunities for investors.
* Strong Growth: Over the last 12 months, North Lambton has experienced a remarkable growth rate of 8%, demonstrating its resilience and potential for investment returns.
* Long-Term Growth: Over the last 5 years, North Lambton has seen substantial growth, with an impressive increase of 72.7%, indicating its long-term viability as a property investment destination.
* Market Activity: Homes in North Lambton are in high demand, spending an average of 24 days on the market, a testament to the area's appeal and strong market activity.

Zoning: R2 Low Density Residential
Land Area: 397sqm approx
Council: Newcastle

IMPORTANT INFORMATION ABOUT AUCTIONS –
We welcome you to bid on-site or on-line.
All registrations need to be completed prior to the auction and require approval. Please allow sufficient time for the registration process.
Register via this link.. https://buy.realtair.com/properties/144972
Call 02 4943 6333 if you require assistance.

We have obtained all information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective purchasers are advised to carry out their own investigations. Photos maybe digitally edited and include virtual furniture.