118 Acacia Avenue, North Lambton, NSW 2299

Price Guide on Request

House
Type
3
Bedrooms
2
Bathrooms
2
Parkings
436 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 118 Acacia Avenue, North Lambton, NSW 2299)

Price Guide on Request

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

A versatile dual-level property in North Lambton offering two self-contained dwellings with excellent rental potential and convenient access to local amenities.

🏡 Property Highlights

  • Set up as two separate dwellings offering flexible living or investment options
  • Potential dual income of up to $990-$1080 per week
  • Northeast facing 436.3sqm block with a fenced yard and shed
  • Close to local amenities including shops, cafes, and the Lambton Pool
  • Within catchment for Lambton Public School and Lambton High
  • Proximity to Newcastle University, beaches, and CBD

✨ Key Features

  • Balcony
  • Open-Plan Living
  • Air Conditioning
  • Electric Kitchen
  • Fenced Yard
  • Shed
  • Built-in Robes
  • Garage / Secure Parking
  • Waterfront / Views
  • Open-Plan Living

North Lambton is a vibrant suburb offering a family-friendly environment with excellent schools, parks, and local amenities. Its proximity to Newcastle University and the CBD makes it ideal for professionals and students alike. The area boasts a mix of traditional and modern homes, with easy access to beaches and major transport routes. Residents enjoy a relaxed lifestyle with plenty of recreational options, including parks, cafes, and community facilities.

What are the current rental yields for this property?
The potential rental income for the flat is approximately $450-$500 per week, and for the unit, $540-$580 per week, offering a combined potential of up to $990-$1080 per week.
Is there scope for modern updates or renovations?
Yes, there is room to add value with some modern updates, which could enhance the property's appeal and rental potential.
What are the zoning and planning restrictions for this property?
The property is zoned for residential use within the Lambton Public and Lambton High catchment zones, suitable for dual living arrangements.
Are there any known defects or issues with the property?
The property is currently in a comfortable condition, but prospective buyers should conduct their own inspections to identify any potential issues.
What are the nearby amenities and services?
Nearby amenities include shops, cafes, Lambton Pool, the University of Newcastle, John Hunter Hospital, and easy access to major transport routes like the M1 and Hunter Expressway.
Are there any additional costs such as strata fees, council rates, or maintenance expenses associated with this property? Has the property been inspected for any structural issues or pests? Are there any planning or zoning restrictions that could affect future development or renovations? Is the property located in a flood or bushfire-prone area? Are there any easements, covenants, or restrictions on the property that could impact its use? What is the history of the property's compliance with building codes and regulations? Are there any upcoming developments or construction projects nearby that could affect the property? What are the terms of the current tenancy agreements, if any, and are there any lease restrictions? Is there any history of flooding or drainage issues on the property? Are there any shared facilities or community arrangements that require additional fees or compliance?

118 Acacia Avenue, North Lambton, NSW 2299 - More Details

Price Guide on Request

Set up as two separate dwellings, a two-bedroom unit plus a one-bedroom flat above the single garage, this property gives you options. Rent both for a dual income return (potential of $990-$1080 pw), live in one and lease the other, or keep family close while still giving everyone their own space.

There's room to add value with some modern updates if you choose, but it's comfortable as is. The one-bedroom flat enjoys open plan living with balconies front and rear, while the two-bedroom unit includes an air-conditioned lounge, electric kitchen, and a tidy bathroom. All set on a 436.3sqm block with a fenced yard and shed.

In a spot that makes day-to-day easy, zoned for Lambton Public and Lambton High, 1km to the off-leash dog park, and just under 1km to Elder Street for coffee, pastries, and a swim at Lambton Pool. The University of Newcastle is five minutes away, with shops, dining, and medical services close by, and Newcastle's beaches and CBD within a 15-minute drive.

- Dual level property, 436.3sqm northeast facing block
- One bedroom, one bathroom flat above garage, electric kitchen, balconies front & rear (Potential Rent $450-$500pw)
- Two bedroom, one bathroom unit, air-conditioned lounge, electric kitchen (Potential Rent $540-$580pw)
- Shared laundry, fenced backyard with shed and storage
- In catchment zone for Lambton Public School and prized Lambton High
- John Hunter Hospital – 3.7km, M1 & Hunter Expressway – 11.5km


Disclaimer: We have obtained this property information from sources we believe to be reliable; however, we cannot guarantee its accuracy. Prospective buyers are advised to carry out their own investigations.
Type
House
Bedrooms
3
Bathrooms
2
Parkings
2
Area
436 m²

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