12 Burke Street New Lambton, NSW 2305

Positioned in a highly convenient location within walking distance to schools and public transport, this unique offering features two separate dwellings on one title, making it a standout opportunity for investors, multi-generational families, or those seeking dual income potential.

Front Dwelling:
A charming two-bedroom weatherboard cottage showcasing high ceilings, timber floors, and generously sized bedrooms. Two small living spaces with air-conditioning and gas outlet. Good size internal laundry and bathroom with combined bath and shower. A compact kitchen, plus a private courtyard-perfect for updating while retaining its character.

Rear Dwelling:
A well-proportioned three-bedroom hardiplank home featuring a spacious living area, functional kitchen, large bathroom with laundry, and a generous, low maintenance backyard. Also includes a freestanding colorbond garage and private outdoor space.

Key Features:

• Substantial block size approx. 569sqm
• Zoned R2 Low Density Residential
• Two separately metered dwellings (electricity & water)
• Both homes are in solid condition with scope for cosmetic upgrades
• Strong potential rental returns
• Potential to subdivide into two strata lots (STLCA)
• Pest & Building Reports available

Estimated Rental Returns | Pre-Renovation:

• Front dwelling $500 - $530 pw
• Rear dwelling $550 - $580 pw

Estimated Rental Returns | Post-Renovation:

• Front dwelling $650 - $680 pw
• Rear dwelling $750 - $800 pw

This is an outstanding opportunity to secure a high-performing asset with long-term growth and income prospects.

To be sold via Public Auction on Saturday 16th August at 12pm On-Site.

Contact us today to register your interest or arrange a private inspection. Watch out for scheduled open times!