1A Karoola Road, Lambton, NSW, 2299
Virtual Tour

Property Highlights



Expressions of Interest ends 5th June 2020 at 5.00pm (if not sold prior) All interest to be submitted in writing prior to that date.

Claiming a setting like no other in family-friendly Lambton, this ultra-spacious and much-loved family home enjoys absolute privacy on an exceedingly rare 1.1acre block (4,488sqm).

Presenting an extraordinary development opportunity, the level landholding holds potential for multiple dwellings of up to 20 townhouses or multiple 4-bedroom family homes, subject to approval from Newcastle City Council.

Built 1985 and on offer for the first time, the home's flawless interiors were designed with the growing family in mind offering oversized rooms, formal and casual living and dining areas and 6-bedroom, 3-bathroom accommodation. In mostly pristine original condition, a contemporary new kitchen sits at the home's heart, while outdoors multi vehicle parking for a variety of cars and equipment will delight tradesmen and hobbyists. With an option to live in or rent out while you obtain plans and permits for your new development, this home and land package is bursting with potential.

Lambton is a northwestern suburb of Newcastle located eight kilometres from the central business district. Kentish Oval and Richard Ford netball courts along with Lambton swimming pool and popular park are on the doorstep and the cafes and shops of Elder Street just 1km away. The address is in the catchment zone for two of the city's most prized public schools – New Lambton Public and Lambton High with St John's Primary and St Pius X the local Catholic schools. The University of Newcastle and the region's two major hospitals – John Hunter and Calvary Mater are all within a 4km radius.

- Double storey brick and tile family home with north to rear aspect
- Double garage attached to home plus separate garaging/carports for multiple vehicles and equipment
- Oversized formal lounge and dining rooms plus relaxed family living and dining
- Sparkling new kitchen with Caesarstone benchtops and electric appliances
- Study plus huge master bedroom with walk-in robe and ensuite on ground floor
- Four robed bedrooms and family bathroom on upper level
- Huge level backyard with enough room for a pool and tennis court (STCA)

Private inspections only

Remember to mention you found this property on DevelopmentReady

calculator-icon Yield Calculator
calcultor-icon Yield Calculator
$ ×
$ ×

Due Diligence Tool

Enquire Now