In the heart of popular Lambton, discover a home that's as versatile as it is inviting. Nestled within walking distance to Lambton Park and pool, as well as the shops, eateries, and medical suites along Elder Street, this multi-faceted gem offers a lifestyle of convenience and charm. Boasting rear lane access and a private garden studio, this property is a haven of potential. Imagine lazy afternoons spent in the delightful sunroom or pottering in the spacious yard. With a configuration that includes a two-bedroom home and a one-bedroom pad under the same roofline, each with its own bathroom and kitchen, the possibilities here are varied and exciting. Elevate the home with a contemporary renovation that transforms it into a stunning family residence. Seamlessly modernise the space by fire rating the walls between the two dwellings, allowing you to live in one side while generating income from the other. Alternatively, embrace a clean slate and explore the possibility of a contemporary new dual-level rebuild (STCA) – the choice is entirely yours. And with Newcastle CBD and its renowned beaches just a short 15-minute drive away, as well as proximity to the city's major hospitals and the University of Newcastle, this location offers not just a home, but a lifestyle to love. - 536.6sqm block with established private gardens in wide leafy street - Three bedrooms, two bathrooms, two kitchens, two lounge rooms under the one roofline - 10ft ceilings enhance the sense of space throughout, multiple split system a/c throughout - Versatile studio makes an ideal private spot to work from home or teen retreat. - 1km to St John's Primary and Lambton Public School, 1100m to Lambton High - 5km/10mins to Newcastle Interchange, 12km/15 mins to M1 and Hunter Expressway Disclaimer: All information provided by McKiernan Real Estate in the promotion of a property for either sale or lease has been gathered from various third-party sources that we believe to be reliable. However, McKiernan Real Estate cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in the information provided. Prospective purchasers are advised to carry out their own investigations and rely on their own inquiries. All images, measurements, diagrams, renderings and data are indicative and for illustrative purposes only and are subject to change.