53 Portland Place
New Lambton

For Sale $1,100,000


Property Features

Property ID: 3318298

Council Rates
$2500 per year
Water Rates
$838 per year
Land Size
828.00 m2

Built In Robes
Fully Fenced
Off Street Parking
Split System AirCon

An Outstanding Opportunity in New Lambtons Heart

Just 350m from cosmopolitan Regent Street, this property is blessed with exceptional future potential and offers purchasers a rare opportunity to capitalise on a sought-after New Lambton location. Impressive block dimensions of 828sqm present buyers with a range of options to either knock-down and rebuild a contemporary family masterpiece or develop the site and construct multiple dwellings (STCA). With vibrant cafes, popular pubs, boutique shopping, everyday essentials and excellent schools a short walk away, now is the time to act and realise your dream of living or developing in a tightly-held locale.

* Original New Lambton home set on a large-scale landholding
* Superb scope for creative renovators to add significant value
* Opportunity to knock-down and rebuild a contemporary masterpiece
* Ideal for home builders wanting to redesign into a family home
* Keep the current tenant in place while plans are being approved
* A great walk-to-everywhere lifestyle parcel surrounded by quality homes
* 5-minute drive to Westfield Kotara and its array of shops, eateries and cinemas
* An easy commute to Newcastle CBD for work or iconic surf beaches

Council Rates: TBA
Water Rates: TBA
Rental Potential: TBA