129 University Drive, North Lambton, NSW 2299

$800,000 - $880,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
579 mΒ²
Area

Published on Friday, September 04, 2026 ( See property details for 129 University Drive, North Lambton, NSW 2299)

$800,000 - $880,000

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

A beautifully refreshed, low-maintenance family home with a spacious backyard, perfect for future extensions or entertaining, located close to amenities and transport links in North Lambton.

🏑 Property Highlights

  • Recently refreshed interior with a relaxed, feel-good vibe
  • Generous backyard with potential for extension or granny flat (STCA)
  • Large living room with big picture windows and dedicated dining area
  • Three bedrooms, two with built-in robes, and a well-preserved bathroom
  • Sunny front verandah with views of adjacent bushland
  • Double garage with twin roller doors, including an extra-high door for larger vehicles

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Garage
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Fully fenced
  • Internal Laundry
  • Pet-Friendly
  • Balcony
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129 University Drive
North Lambton, NSW 2299
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Vertical aerial view β€” 129 University Drive
129 University Drive — Vertical Aerial  •  North Lambton, NSW 2299  •  Nearmap © 2026

North Lambton offers a vibrant community with easy access to Jesmond Central, diverse eateries, and major transport routes. The suburb is ideal for families and students, boasting proximity to Newcastle University and scenic bushland views. Its well-connected location ensures effortless travel to the Hunter Valley, Sydney, and the Central Coast. The area features a mix of established homes and potential for future growth, making it a desirable place to live and invest.

What is the condition of the property and has it been recently renovated?
The property has been recently refreshed, offering a move-in-ready condition with a relaxed, feel-good interior.
What are the potential development opportunities on the block?
The generous backyard offers scope for extensions, a granny flat (STCA), or outdoor entertaining areas.
Is the property suitable for investment purposes?
Yes, it is an ideal investment with a strong rental return estimate of $600 - $650 per week and proximity to the university and amenities.
What are the nearby amenities and transport options?
The property is approximately 1km from Jesmond Central, with city-bound bus transport, major roads, and local eateries nearby, providing excellent connectivity.
Does the property have off-street parking?
Yes, it features a double garage with twin roller doors, including an extra-high door suitable for larger vehicles.
Are there any zoning restrictions or easements affecting the property? Have there been any recent repairs or issues with the foundation or structure? Are there any planned developments or construction projects nearby that could impact the property? What are the exact boundaries and are there any encroachments? Is the property located in a flood or bushfire-prone area? Are there any additional costs or fees not disclosed, such as strata or body corporate fees? Has the property been tested for pests or termites? Are there any restrictions on future extensions or renovations? What is the history of the property's water and utility connections? Are there any existing easements or rights of way that could affect use of the backyard or driveway?

129 University Drive, North Lambton, NSW 2299 - More Details

$800,000 - $880,000

Offering instant comfort, here is a home where you can move straight in and then sit back and consider your plans. Already refreshed, its interior has a relaxed, feel-good vibe throughout, while the generous backyard unlocks space for the future – maybe an extension or even a granny flat (STCA), veggie patches, a playground for the kids or an alfresco setting that will have you entertaining at every opportunity.

Inside, the floorplan is generous, with three bedrooms, a large living room with big picture windows, and a dedicated dining area. The kitchen is refreshed, the bathroom is well-preserved – great news for investors wanting a ready-to-rent property. Any off-street parking concerns you may have are covered by a double garage and long driveway, while the block is a low-maintenance blank canvas awaiting your inspiration, making this well-connected opportunity a rare one.

And when we say well-connected, we mean it. With Jesmond Central, Jesmond Fruit Barn, the University, city-bound bus transport and a line-up of diverse eateries around 1km away, a car is almost optional. If you want a day out, arterial roads leading to major travel routes are moments away, making visits to the Hunter Valley, Sydney or the Central Coast effortless.

- Instantly comfortable and recently refreshed home with generous backyard
- An affordable entry into the property market with scope to enhance over time
- Large living area plus separate dining room and refreshed original kitchen
- Three bedrooms, two with built-in robes, share a well-preserved bathroom
- Sunny front verandah with a lovely view to adjacent bushland
- Great yard ready for your touch – add an alfresco setting or future extension STCA
- Double garage with twin roller doors – one extra-high for larger vehicles
- Ideal first home or rewarding investment with the university nearby
- 1200m to Jesmond Central for quick meals, groceries and major retail

Council Rates: Approx. $3,149.78 Per Annum.
Water Rates: Approx. $1,020.87 Per Annum.
Rental Return: $600 - $650 Per Week.

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
1
Parkings
2
Area
579 mΒ²

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