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22A Morehead Street

Lambton, NSW 2299, Australia
$1.70m
6 bed 4 bath240m²

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Area Price Guide
$1.60m$1.80m

Indicative price guide range

🏘️
74
Comparable
📊
$950,000
Area median
⚖️
+79%
vs median
📐
$7,083
Per m²
📏
240 m²
Land
🗓️
1 week ago
Listed

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About this property

Step into a truly unique property where character, scale and flexibility come together in the heart of Lambton. Rich in history and thoughtfully adapted for modern living, this remarkable residence offers a rare opportunity to secure something well beyond the ordinary. Originally a Freemason's Lodge and later transformed into a vibrant community space, the home now presents as a substantial and versatile residence with endless potential. Behind its striking façade lies an expansive layout that can function as one large home or be configured into two separate dwellings. The flexible floor plan allows for a four bedroom, two bathroom residence alongside a fully self contained two bedroom, two bathroom space, each complete with its own living areas and kitchen. Soaring ceilings in the main living zone create a sense of volume and light, while original timber floors and retained features pay homage to the building's unique past. A statement bar area adds warmth and personality, offering a subtle nod to its earlier life. Perfectly suited to large families, multi generational living, investors or those seeking a home with income potential, the property is equally appealing as a high performing Airbnb or home business setup. Currently returning $1,000 per week, it offers immediate income alongside future upside. Positioned just moments from Elder Street, you are right in the centre of Lambton's vibrant village atmosphere. Cafes, shops, schools and everyday essentials are all within easy reach, along with easy access to Newcastle, Lake Macquarie, Port Stephens and the Hunter Valley. This is a rare chance to secure a landmark style property with scale, flexibility and a story to match. Key Features Dual storey building on 240sqm corner block with second access via De Vitre Street Approx. 405sqm of internal space with flexible dual living configuration Suitable for large families, dual occupancy, Airbnb or home business use 700m to Lambton Public School, 1.6km to Lambton High School, 4km to University of Newcastle Approx. 12 minutes to Newcastle Interchange, 15 minutes to Lake Macquarie, 25 minutes to Newcastle Airport, 40 minutes to the Hunter Valley Outgoings Water rates approx. $820 P/A plus usage Council rates approx. $4,224 P/A Current Rental Return: $1,000 P/W Disclaimer: All information provided by Wilton Lemke Stewart in the marketing of a property for sale or lease has been sourced from various third-party outlets that we deem reliable. Nonetheless, Wilton Lemke Stewart cannot ensure its absolute accuracy, and we bear no responsibility and disclaim all liability for any errors, omissions, inaccuracies, or misstatements in the information provided. Prospective buyers and tenants are encouraged to conduct their own due diligence and rely on their own investigations. All images, measurements, diagrams, renderings, and data are indicative and for illustrative purposes only, subject to potential changes.

Property Features

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    Repayment calculator

    $8,242/month
    $4,121 /fortnight
    Loan $1,360,000 at 6.10% over 30 years

    Upfront costs

    Deposit$340,000
    Stamp duty$73,724
    Conveyancing (est.)$2,000
    Total upfront$415,724
    Verify with NSW revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    6
    Bathrooms
    4
    Land Area
    240m²
    Listed
    1 week ago

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