This property provides a rare opportunity to purchase a residence in a truly sought after location. With a current combined rental return of $1,020 per week, your options are endless to keep as an investment, easily convert back to a large family home or knock down and rebuild your dream home on a generous 1,031m block. The property is currently split up into two units, one with three bedrooms, one with two bedrooms, and each fully self contained. Unit 1 is leased at $550 per week and Unit 2 is leased at $470 per week. The vast property in total boasts five bedrooms, six bathrooms, two timber kitchens, two lounge rooms, two dining rooms, a study, and multiple storage areas. The property also includes ducted air conditioning, ceiling fans, secure garaging, and beautifully landscaped and maintained gardens. This is all topped off by amazing views across the city towards Newcastle's famous beaches. New Lambton is known for its tree-lined streets and gorgeous homes, multiple parks, two local shopping strips, and of course the 182ha expanse of beautiful Blackbutt Reserve. Wander along Regent Street and choose from Too Hands, Corner Lane Espresso or Sherwood's for your morning coffee or bite to eat, grab your groceries at Ritchies IGA, and for a drink or entertainment, there's a choice of corner pubs and West's Leagues Club with the John Hunter Hospital only a 5 minute drive. * This information has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.