1/187 Kings Road
New Lambton


$560,000

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Property Features


Property ID: 3452870

Council Rates
$1489 per year
Water Rates
$649 per year
Strata Levy
$783 per quarter

Built In Robes
Split System AirCon

Opportunity Knocks


Presenting a single level 2 bedroom villa in an ultra convenient location. Situated in a sought after pocket of New Lambton, in catchment for premier schools, walking distance to shops, bus stops and railway station and only a 7 minute drive to the heart of the city and beaches. Positioned at the front of the development, the home is well appointed and has an excellent long-term tenant residing in the property for 5 years paying $400 PW (lease expires 18th Jan 2022). This property purchase is an ideal opportunity to invest or first home close to the city and offers low maintenance, private and secure city living.

* 2 bedrooms, both with built-in robes.
* Private front yard.
* Combined lounge and dining.
* Air-conditioned living space.
* Brick veneer and tile construction.
* Existing 5 year tenant currently paying $400 PW.
* Current lease expires 18th Jan 2022.

Council Rates: $1489.84 PA approx
Water Rates: $649.59 + Usage PA approx.
Strata Levies: $783.22 PQ approx
Current Rent: $400 PW approx

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