Preserving History, Building Wealth: A Strategic Investment in New Lambton Heights
3 Victoria Crescent, New Lambton Heights
When an experienced investor expanding his portfolio approached MacKenzie Buyers Agency, he already owned a home in Sydney and two investment properties in Perth and Geelong. However, dissatisfaction with his previous buyer’s agent led him to seek a more strategic approach for his fourth investment. His goals? Secure a high-growth property that allowed for value-add opportunities while maintaining strong rental income.
The Property: A Grand Art Deco Gem with Future Potential
Location: New Lambton Heights - positioned for growth with spillover demand from surrounding premium suburbs.
Property: A four-bedroom Art Deco residence with original features, lush gardens and immense renovation potential.
Purchase Price: Secured strategically to minimise competition due to its condition.
Rental Income: $950 per week, targeting high-income professionals such as doctors at John Hunter Hospital.
Growth Potential: Exceeding 100% over 10 years, with plans for a significant renovation in 4-5 years to further enhance value.
Why New Lambton Heights?
Strategic Location
• Proximity to John Hunter Hospital: The $1 billion hospital upgrade increases demand from high-income professionals.
• Infrastructure Benefits: Close to the Inner City Bypass, Newcastle CBD, Blackbutt Nature Reserve and Hunter Valley.
Exclusive Demographics
The property’s grandeur appeals directly to medical professionals, ensuring a stable tenant pool with high rental yields.
Undervalued Market with Growth Potential
New Lambton Heights benefits from its proximity to premium suburbs like New Lambton, providing opportunities for investors to secure properties below market value while capitalising on spillover demand.
Forecast Growth
The Process: Expertise That Delivers
We managed the entire purchase process from start to finish with minimal involvement required from the client:
1. Market Analysis: Identified New Lambton Heights as an undervalued market poised for growth, driven by infrastructure and demographics.
2. Property Selection: Secured a unique Art Deco home with strong rental appeal and renovation potential, reducing competition by leveraging its condition.
3. Negotiation Strategy: Ensured favourable terms, protecting the client’s financial position and maximising future returns.
Results That Build Wealth and Trust
This investment checked all the boxes:
Rental Return: $950 per week
Long-Term Growth: Projected to exceed 100% growth over 10 years, even before renovation.
Future Value-Add: Plans for a transformative renovation will amplify the property’s appeal and returns.
Client Testimonial:
“Aaron’s expertise gave me complete confidence. The property aligns perfectly with my goals and the process was seamless. I now refer all my colleagues to MacKenzie Buyers Agency.”
Ready to Invest in High-Growth Suburbs?
At MacKenzie Buyers Agency, we combine market knowledge, strategic negotiation and full-service management to deliver exceptional results. Contact us today and take your property portfolio to the next level.
