1-4/12 Lobelia Close, Metford, NSW 2323

Block Of Units
Type
6
Bedrooms
4
Bathrooms
4
Parkings

Last updated on Monday, July 06, 2026 ( See property details for 1-4/12 Lobelia Close, Metford, NSW 2323)

$1,600,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A fully refurbished, low-maintenance strata-titled unit complex in Metford offering strong income potential and future growth opportunities.

🏡 Property Highlights

  • Complete block of four strata-titled units offering multiple income streams
  • Recently refurbished with modern kitchens, new carpets, and upgraded electrical systems
  • Solid double brick and tile construction ensuring durability and low maintenance
  • Strong rental uplift with staggered increases and immediate leasing potential
  • Low-maintenance complex with established tenants and minimal ongoing costs
  • Strategic location close to shopping, schools, transport, and amenities

✨ Key Features

  • Garage
  • Air Conditioning
  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Security Screens / Gates
  • Fly Screens
  • Internal Laundry
  • Extra Storage (Shed/Linen)
  • Waterfront / Views

Metford is a thriving suburb renowned for its convenient location and family-friendly amenities. It offers excellent access to shopping centres, schools, parks, and transport links, making it ideal for both investors and residents. The area boasts a strong community vibe, ongoing development, and a reputation for stability and growth. With close proximity to Maitland and Newcastle, Metford provides a perfect balance of suburban tranquility and urban accessibility.

What is the current condition of the units and what recent upgrades have been made?
The complex has been extensively refurbished, including new kitchens, carpets, electrical switchboards, lighting, and a fully repainted interior and exterior, ensuring a modern and low-maintenance property.
What is the rental potential and current income of the units?
The units currently generate a combined gross weekly income of approximately $1,750 to $1,800, with confirmed rental increases scheduled for April 2026, and one vacant unit ready for immediate leasing.
Are there any ongoing costs or strata fees associated with the complex?
The property is a strata-titled complex, and while specific strata fees are not detailed, the low-maintenance nature and recent upgrades suggest minimal ongoing costs.
What are the future growth prospects for this property?
The property offers long-term upside through potential strata sell-down, strong rental uplift, and the strategic location close to amenities and transport links.
Is the property suitable for SMSF investment?
Yes, the property is ideal for SMSF buyers seeking reliable, diversified cash flow from a fully refurbished, low-maintenance asset.
Are there any strata or body corporate fees, and what do they cover? Are there any planning or zoning restrictions affecting the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming developments or construction projects nearby that could impact the property? What are the long-term vacancy rates and tenant retention history for the complex? Are there any easements, covenants, or restrictions on the property? Has the property been inspected for structural issues or pest infestations? Are there any additional costs for maintenance or repairs not covered in strata fees? Is the property compliant with all current building and safety regulations? What are the terms of the current lease agreements and are there any leasehold restrictions?

1-4/12 Lobelia Close, Metford, NSW 2323 - More Details

$1,600,000

Deadline for offers 8th May 2026 Don't delay call for details today.
Positioned in a quiet cul-de-sac in Metford, 12 Lobelia Close presents a rare opportunity to secure a complete block of four strata-titled units, delivering strong immediate returns, minimal ongoing maintenance, and exceptional long-term flexibility. This is a High-Yield, fully refurbished investment: an entire strata-titled complex. Whether you're an astute investor or purchasing within your SMSF, this is a strategic acquisition with multiple income streams and future upside through individual strata sell-down.

The Complex
The complex is of solid double brick and tile constructions. Centred around a neat common entry with staircase and foyer, complemented by four allocated carports and a shared storage room. A long-term tenant in Unit 1 takes pride in maintaining the gardens and surrounds, enhancing the overall presentation and keeping the property low-maintenance.
• Two spacious two-bedroom units
• Two well-appointed one-bedroom units
• Three currently tenanted, with one vacant and ready for immediate leasing or inspection

Extensively Refurbished:
A comprehensive upgrade program has been completed across the entire complex, significantly reducing future capital expenditure and enhancing tenant appeal:

• Fully restored and repainted roof, including replacement of cracked tiles, ridge re-capping, and full respray
• All external surfaces refreshed, including balconies, eaves, and fascia
• Entire complex repainted internally, including all units and common areas
• Brand new kitchens installed in all units (Unit 4 completed in 2024, remaining units within the past 12 months)
• New carpets installed throughout all units and shared spaces
• New hot water systems installed across the complex
• Three new air conditioning units for improved comfort
• Upgraded electrical switchboards in Units 1, 2 and 3
• New lighting installed throughout

The result is a modernised, low-maintenance asset with nothing further required-ideal for investors seeking a set-and-forget addition to their portfolio.

Current Income Snapshot (With Confirmed Increases)
• Unit 1: $400pw Increasing to $450pw (April 2026)
• Unit 2: $370pw Increasing to $430pw (April 2026)
• Unit 4: $400pw Increasing to $420pw (April 2026)
• Unit 3 (vacant): Estimated $450-$500pw

Projected Gross Weekly Income:
• $1,750 - $1,800
Projected Annual Income:
• $91,000 - $93,600

Investment Highlights
• Fully strata-titled , retain as a high-performing portfolio or sell individually over time
• Strong rental uplift already secured
• Multiple income streams with staggered increases
• Recently refurbished throughout , minimal capital expenditure required
• Low-maintenance asset with established tenancy profile
• Ideal for SMSF buyers seeking reliable, diversified cash flow
• One vacant unit provides for inspections and is ready for immediate leasing.

Location & Convenience
• Approx. 3km (5 mins) to Stockland Green Hills Shopping Centre
• Approx. 4km (6-7 mins) to Maitland Hospital
• Approx. 2.5km (4-5 mins) to Metford Train Station (Hunter Line to Newcastle)
• Approx. 30km (30-35 mins) to Newcastle CBD
• Approx. 2km (3-4 mins) to Metford Public School
• Approx. 3km (5 mins) to Maitland Grossmann High School
• Close to parks, local shops and everyday amenities within 2-5 minutes

The Opportunity
Opportunities to secure an entire, refurbished unit complex of this calibre are increasingly rare. With strong income, minimal upkeep, and the added advantage of strata flexibility, 12 Lobelia Close offers both immediate return and long-term growth potential.

For further information or to arrange a private inspection, please contact Sharon Skelton on 0402 433 317.

Disclaimer: We have in preparing this document used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Interested parties should make their own enquiries to verify the information contained in this document.
Type
Block Of Units
Bedrooms
6
Bathrooms
4
Parkings
4

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