136 Elder Street, Lambton presents a rare dual-use investment opportunity in one of New-castle’s most tightly held suburban locations. Zoned R2 Low Density Residential, the prop-erty spans a generous 948.5m² site* with a substantial building area of 476m²*, offering both secure income and long-term flexibility. The ground floor is leased to a well-established childcare operator, licensed for 39 ap-proved places, generating a net income of $133,920 per annum. This tenancy provides a stable, community-focused commercial presence in a high-demand sector. The first floor comprises a fully self-contained residential suite, currently subleased back to the vendor, delivering an additional income stream and offering potential for future owner-occupation, staff accommodation, or reconfiguration (STCA). For Sale by Expressions of Interest closing Friday 12 September 2025 4pm (AEST). For more information please contact either Ben King or Mark Yazbeck. *Approx.
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Property ID: 504928832
Original Property ID: 504928832