131 University Drive
North Lambton


$575,000

2
2
3

Property Features


Property ID: 3388517

Land Size
575.00 m2

First Time Offered for Sale


This is a rare opportunity to purchase a large family home opposite Newcastle University.

This high set brick and tile home has three bedrooms and an opportunity for a further two bedrooms. After a simple stud wall addition there would be five generously sized bedrooms.

Entry from the large front verandah is into a foyer hall area that opens to a spacious lounge with polished floorboards. Kitchen design is a galley style with a sizeable pantry & generous cupboard and bench space. From the kitchen is the 6.5m x 3.3m family room and formal dining with split system air-conditioning which presents an opportunity to utilise this area for improved investment return.

There is a master bathroom upstairs with a full size shower, toilet and large corner vanity. Downstairs the bathroom is en-suite style with a shower, 2nd W.C and buddy vanity.

If you are wanting garaging, storage or workshop facilities you won't be disappointed. On offer is one 7m drive through garage plus another garage with workshop. Off the garage is a room size storage area that has been a used as a home cellar and meat drying room but is a perfect storage/office area.

First home buyer, those upsizing or home business operators, this home offers numerous options. The property has main road exposure with the benefit of placement on a service road accessed from Canara Place which allows traffic free driveways.

If you are an astute investor this property has enormous potential. With solar panels to assist with power expenses, it can operate as five large bedrooms with the advantage of Newcastle University being across the road. The option of a granny flat is possible (subject to NCC).

To view this exciting opportunity or to discuss the options available, contact exclusive listing agent Allen Reece on 0409 814 400 or speak to the sales department on 4950 2025 or email sales@reecerealty.com.au.