OFF MARKET

7 Lester Parade
North Lambton NSW 2299

Bedrooms: 5
Bathrooms: 1
Car spaces: -
Floor area: 125m2
Land area: 658m2
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Property Details for 7 Lester Pde, North Lambton

7 Lester Pde, North Lambton is a 5 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 658m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
House
Year Built
1960
Floor Size
125m2
Land Size
658m2
Local Government
Newcastle
Lot/Plan
114/DP207363

Last Listing description (June 2024)

Comes furnished as a bonus! , Great for student accommodation there is already four tenants in the home and the furniture is included in the sale.
Log onto www.chaddunn.tv to see the birds eye video of this block showing it's location. The dimensions of the land are 16.6m frontage with a 40m depth, and the University of Newcastle is at the end of the street.

In the most desirable street in North Lambton is this absolute cracker! The home on this block is already used as student accommodation quite successfully ... but it doesn't have a Granny Flat -- yet!

Opportunity & Location ... Looking for better yields and well located property then this one is for you.

The block has side access to the yard with lots of off street parking for your tenants.
POINTS OF INTEREST

- Close location to university.
- Attractive rental return, ** when all five rooms were occupied a total rental return of over $700+. per week was achieved ie, each room on avg.
- Currently it's being tenanted by four occupants ( four rooms).
- Land size and flat layout.

Have a drive by and mark in your calendar the dates of the up and coming "open for inspections", that will be hosted on Saturday afternoons by Chad and his team. We are excited about this one and you should be too!, we look forward to hearing from you

Property History for 7 Lester Pde, North Lambton, NSW 2299

A timeline of how this property has performed in the market
Last Sold
$530,000
25 May 2020
Listed for Rent
$450/w
26 May 2020
  • 25 May 2020
    Sold for $530,000
  • 07 Jan 2020
    Listed for Rent $450 / week
  • 23 Dec 2019
    Listed for Sale $520,000 to $550,000
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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 1,596 properties.

    There are currently 4 properties listed for sale, and 5 properties listed for rent in North lambton on OnTheHouse. According to CoreLogic's data, 76 properties were sold in the past 12 months in North lambton.

    Suburb Insights for North Lambton 2299

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.