58 Morehead StreetNorth Lambton NSW 2299
Property Details for 58 Morehead St, North Lambton
58 Morehead St, North Lambton is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 653m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (November 2022)
Opportunities like this don't come along very often. Located on a sought after block with panoramic views towards Newcastle CBD to the east, this impressive property offers huge potential for renovation as a family home, a duplex or townhouse development, or simply the addition of a granny flat at the rear (subject to Council approval).
First home buyers looking to get into the market, renovators seeking their next project, or developers searching for a good size block for a duplex or townhouse development should not go past this property.
The 3 bedroom home has great potential for new owners to enter the market and renovate this home to their own taste. Having been readied for renovation, the kitchen and bathroom have been stripped and are ready to realise your vision. The large living and dining areas have high ceilings and an abundance of natural light, and there are timber floorboards throughout.
The sizable rear yard has direct access from the side lane which offers so much potential.
Close to several well-regarded schools Lambton Public School (4 mins) & Lambton High School (4 mins) and the University Callaghan Campus (6 mins), Lambton Shopping Village and Park (2 mins), Waratah Village Shopping Centre (5 mins), a short stroll to Hillview Playground (60m) and North Lambton Dog Park (2 mins), while being an easy drive into Newcastle's CBD.
The features of this home are as follows:
- 3 Bedrooms (main with built-in wardrobe)
- Bathroom (partially stripped ready for renovation)
- Kitchen (stripped ready for renovation)
- Separate Toilet (stripped ready for renovation)
- Dining Area
- Large Living Area
- Laundry (stripped ready for renovation)
- Double Garage off side lane
- Covered Alfresco Area
- Timber Floorboards Throughout
- Under House Storage
- Large Secure Yard
- Stunning Views towards Newcastle CBD
- Dual Frontage (street & side lane)
- Close to Newcastle University, Shops, Schools and Transport
- 658msq block
A copy of the contract for sale and pest and building inspection reports are available for your information..
Property History for 58 Morehead St, North Lambton, NSW 2299
- 23 Sep 2022Sold for $755,000
- 31 Aug 2022Listed for Sale Guide $750,000 to $790,000
- 04 Aug 2014Listed for Rent $400 / week
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About North Lambton 2299
The size of North Lambton is approximately 1.3 square kilometres. It has 12 parks covering nearly 11.6% of total area. The population of North Lambton in 2011 was 3,114 people. By 2016 the population was 3,304 showing a population growth of 6.1% in the area during that time. The predominant age group in North Lambton is 20-29 years. Households in North Lambton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in North Lambton work in a professional occupation. In 2011, 64.7% of the homes in North Lambton were owner-occupied compared with 59.5% in 2016.
North Lambton has 1,569 properties. Over the last 5 years, Houses in North Lambton have seen a 70.63% increase in median value, while Units have seen a 48.28% increase. As at 31 October 2024:
- The median value for Houses in North Lambton is $845,509 while the median value for Units is $575,685.
- Houses have a median rent of $600 while Units have a median rent of $445.
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