35A Penman Street, New Lambton, NSW 2305

On offer is this older style charming character filled property in an outstanding central location only minutes from shopping centre's, sporting fields, quality schools & 15-20 minutes to Newcastle CBD, beaches & the Foreshore.

Needing some TLC you won't find a better opportunity in this highly desirable suburb.

Offering four bedrooms, two bathrooms in total along with multiple internal living spaces this property is configured in a way that offers you flexibility & many options depending on your circumstances & requirements. The main area consists of three bedrooms, kitchen, dining, living, bathroom ideal for the family & the secondary area consists of a fully self-contained one bedroom unit with its own separate access which is perfect for the teenager of the family wanting their own space or alternatively can be leased out providing you with a nice weekly passive income.
Another great option is Unit 1 (fully-self contained) would be ideal for the elderly relative who wants or needs to be close but still able to maintain their own independence.

This one is packed with opportunity & potential offering many different viable options. Opportunities at this price in this suburb are very rare.

Unit 2 as shown on the floor plan - has gas and electricity.
Unit 1 - just electricity.
Electricity is separately metered. Water is not.

• Four bedrooms (total) BIR's, fans
• Two bathrooms, two kitchens (total)
• Multiple internal living zones
• Fully self contained unit with separate access
• Older style property, split system-air conditioning
• Polished timber, carpets & vinyl flooring
• Study nook or small children's play area
• 477m2 block approximately
• Garage + carport
• Outstanding central location
• An opportunity not to be missed
• Unit 1 - $330 - $370 pw rental approx
• Unit 2 - $550 - $580 pw rental approx