40 Fleet Street

Classic character, a blue-ribbon address and exciting future potential come together in this three-bedroom home, positioned footsteps from Regent Park and just 550m from New Lambton's cafés, shops and everyday convenience. Families will also love the easy 650m walk to sought-after New Lambton Public School, while John Hunter Hospital, Westfield Kotara and Newcastle CBD all sit just minutes away. Set on a north-facing 404.7sqm block with an approximate 20.32m frontage and R2 zoning, the opportunities here are hard to ignore. Whether you're dreaming of a contemporary renovation, upper-level extension, brand-new forever home or duplex/dual occupancy development like the block next door (STCA), the dimensions and location create the perfect foundation. Behind the classic façade, the existing home is comfortable and immediately functional, showcasing beautiful high ornate ceilings, a timber kitchen, updated bathroom, split-system air-conditioning and adjoining lounge and dining spaces. A 13.1m-long shed, freestanding garage and wide side access add further practicality for tradies, storage or future plans. Whether you're a builder, developer or buyer chasing a long-term opportunity in one of Newcastle's most family-friendly suburbs, this is the kind of address that rewards vision. Square block with approx. dimensions of frontage: 20.32m X depth: 20.12m 4.8m x 8.6m freestanding garage plus 13.1m x 2.4m shed Parquetry flooring, ornate ceilings, picture rails add character Multiple split system air-conditioners New Lambton Public 750m, St Therese's Primary 1km, Lambton High 2km Westfield Kotara for shopping, dining and Event Cinema 1.9km Adamstown Station 1.4km, John Hunter Hospital 3km Bar Beach 6.3km, Newcastle CBD 6.8km Approximate return of $695per week for investors Outgoings: Water Rates: $948.15 approx. per annum Expected Rental Income: $650 - $680 Per Week. This property is being sold under the Friendly Auction System. An independent pest & building report is available on request at no charge to you. This is the type of report your solicitor would usually recommend purchasing before bidding at an auction or before making an unconditional offer prior to auction and are conducted by a panel of reputable companies. The companies have consented to friendly auction terms and will generally be happy to speak to you about your queries in reports and in most cases transfer the reports into your name if you are the successful buyer at auction or prior to auction. Flexible deposit and settlement conditions are also available by negotiation with the agent if required. Offers can also be made prior to auction and each offer will be assessed on its merits. Live streaming auction. Bid and buy with confidence in this consumer driven, transparent auction system that was pioneered here in Newcastle but is now in use across Australia. We also have a downloadable guide available on our website. Disclaimer: All information provided by Presence 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, Presence 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 and renters 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. The information provided by Presence Real Estate is general in nature and does not take into account the individual circumstances of the person or persons objective financial situation or needs.