4/50 Lambton Rd, Waratah is a 2 bedroom, 1 bathroom Unit and was built in 1958. The property has a land size of 500m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Waratah in the last 12 months.
This property is truly remarkable, presenting an excellent opportunity for both first-time homebuyers and savvy investors alike. Currently occupied by a long-term tenant eager to continue the lease, the unit boasts brand new aluminium windows that not only enhance the perception of spaciousness but also invite ample natural light into the space.
Inside, you'll find a maintained kitchen and bathroom, showcasing a high level of neatness and order. The two generously sized bedrooms include a master bedroom with a convenient built-in robe. Front-of-unit off-street parking adds to the property's appeal.
Positioned perfectly for university students, the property benefits from immediate access to public transport right at the doorstep. Its proximity to schools, shops, public transport, universities, and hospitals makes it an ideal location for diverse needs.
Key features:
- Established tenancy spanning over 13 years
- Two spacious bedrooms, master with built-in robe
- Recently installed aluminum windows
- Well-maintained kitchen and bathroom
- Convenient walking distance to shops, public transport, and hospitals
Make your purchase with confidence, as a pre-purchase building and pest report is available upon request.
The size of Waratah is approximately 1.9 square kilometres. It has 5 parks covering nearly 10.1% of total area. The population of Waratah in 2011 was 4,759 people. By 2016 the population was 4,487 showing a population decline of 5.7% in the area during that time. The predominant age group in Waratah is 20-29 years. Households in Waratah are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Waratah work in a professional occupation. In 2011, 51.5% of the homes in Waratah were owner-occupied compared with 48.8% in 2016.
Waratah has 2,439 properties. Over the last 5 years, Houses in Waratah have seen a 70.11% increase in median value, while Units have seen a 36.88% increase. As at 31 August 2024:
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