11 Lester Parade, North Lambton, NSW 2299

$1,025,000 - $1,100,000

House
Type
6
Bedrooms
2
Bathrooms
1
Parkings
658 m²
Area

Last updated on Saturday, June 13, 2026 ( See property details for 11 Lester Parade, North Lambton, NSW 2299)

$1,025,000 - $1,100,000

Allen Reece Owner and Licensee / Sales Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

Spacious six-bedroom brick home in a highly convenient location, offering excellent income potential and versatile living options.

🏡 Property Highlights

  • Prime location just 400m from the University and close to shopping and essential services
  • Solid six-bedroom brick and tile home offering versatile living options
  • Currently leased with strong income potential at $1260 per week
  • Modern kitchen centrally positioned for shared or family living
  • Combined living and dining area with reverse cycle air conditioning
  • Level 658m² block with ample outdoor space and single lock-up garage

✨ Key Features

  • Built-in Robes
  • Air Conditioning
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Internal Laundry
  • Security Screens / Gates
  • Fly Screens
  • Pet-Friendly
  • Waterfront / Views

North Lambton is a highly sought-after suburb known for its convenient location, close proximity to Newcastle CBD, and access to essential amenities. It offers a family-friendly environment with parks, schools, and public transport options. The area boasts a strong community vibe and excellent investment prospects, making it ideal for both families and investors seeking growth and lifestyle benefits.

What is the current rental income and potential for future returns?
The property is currently leased at $1260 per week, providing strong immediate income with potential for future growth depending on market conditions.
Is the property suitable for large families or shared living arrangements?
Yes, with six bedrooms and two bathrooms, the home is ideal for large families or shared living setups.
What are the key features that make this property a good investment?
Its prime location close to the university and amenities, strong rental income, and versatile living spaces make it an excellent investment opportunity.
Are there any recent renovations or upgrades?
The property features a modern kitchen and updated living areas, designed for practicality and comfort.
What outdoor features does the property include?
The property has a level outdoor yard suitable for outdoor activities and potential future improvements.
Are there any zoning restrictions or easements affecting the property? Has the property been inspected for structural issues or pests? Are there any upcoming planning or development projects in the area that could impact the property? What are the council rates and ongoing maintenance costs? Is the property compliant with all building and safety regulations? Are there any known flood or bushfire risks in the area? What are the terms of the current lease, and when does it expire? Are there any strata or community title considerations if applicable? Is there any history of disputes with neighbors or local authorities? What are the potential costs involved in converting the property back to a family residence if leased for shared living?

11 Lester Parade, North Lambton, NSW 2299 - More Details

$1,025,000 - $1,100,000

Type
House
Bedrooms
6
Bathrooms
2
Parkings
1
Area
658 m²

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