2 High Street
New Lambton, NSW 2305

Positioned on the corner of prized Queens Road, this versatile property offers a wide range of possibilities. It is currently configured as a two-bedroom unit alongside a separate one-bedroom unit, providing an immediate income stream for investors while also allowing ample opportunity to add value over time.

The existing setup can be retained to continue collecting rent, or the property can be renovated to maximize returns. Alternatively, the generous 537.5 square meter corner parcel offers exciting potential for a contemporary new build or duplex development, subject to council approval (STCA).

Families will appreciate the option to restore the layout to a traditional three-bedroom, two-bathroom home. The flexible living zones and separate access create versatile spaces suitable for extended family, teenagers, or a work-from-home environment. The home features high ceilings, oversized rooms, and the classic bones of the original structure, providing a solid foundation for updates and personalization over time.

The lifestyle benefits of this location are equally compelling. Novocastrian Park is just 350 meters away, ideal for morning walks or recreational activities. Alder Park is nearby, offering facilities for weekend sports and a children's playground. Blackbutt Village is within easy walking distance, featuring cafes such as Euro Patisserie and dining options like the Blackbutt Hotel. Westfield Kotara is approximately 2 kilometers away, providing shopping and rooftop dining experiences. John Hunter Hospital is accessible within about six minutes by car.

• Generous 537.5 square meter corner block with development potential
• Two separate single garages
• Current rental income: one-bedroom unit at $335 per week, two-bedroom unit at $450 per week
• Convenient stroll to IGA, Blackbutt shops, McDonald Jones Stadium, and Blackbutt Reserve
• Nearby schools include New Lambton South Public (1.2 km), St Therese's Primary (1.3 km), Trinity Catholic College (2.2 km), Hunter School of Performing Arts (2.3 km), and Kotara High (2.8 km)
• Close to University of Newcastle (6.2 km), Merewether Beach (6.1 km), and Newcastle Interchange (7 km)

This information, including photographs, floorplans, and site plans, has been prepared solely for marketing purposes. While care has been taken to ensure accuracy, prospective buyers are advised to conduct their own enquiries and seek independent advice, including consulting conveyancers and surveyors to verify boundaries and other details.