1/121 Elder StreetLambton NSW 2299
Property Details for 1/121 Elder St, Lambton
Last Listing description (December 2022)
This is a fully equipped business/premise that is a walk-in, walk-out opportunity to buy a complete going concern including the real estate.
Situated in the thriving suburban village of Lambton the owner is looking forward to a lifestyle change after (33) years in hospitality. He will continue to operate the cafe right through to settlement.
The property and the business have enormous potential. To be auctioned by Openn Negotiation on 15th December the owner is looking for an urgent sale before Christmas.
The equipment and fit-out were professionally designed by a leading food industry company to ensure a very efficient workflow to the cooking serving and seating. The large folding windows provide an elevated connection to the street and plenty of natural light. The equipment has only partially been depreciated and will provide continuing tax benefits.
Not only is there the main kitchen servery and seating area but there is a secondary kitchen in the side-street that was approved and equipped during Covid to allow fast street front service. It's the best equipped hole-in-the wall coffee station you'll ever want for.
Also included are :
* (2) secure car spaces
* Storage cage
* Separate bin room
* Disabled amenities and disabled access
* Grease trap
* Cool and freezer rooms
* Cafe style gear and equipment
For sale by Openn Negotiation (flexible conditions online auction). The Openn Negotiation is under way and the property can sell at any time. Contact Steve Dick on 0400 000 947 immediately to become qualified and avoid disappointment. Open to all buyers, subject to seller approval.
Property History for 1/121 Elder St, Lambton, NSW 2299
- 15 Dec 2022Sold for $855,000
- 25 Nov 2022Listed for Sale Contact Agent
- 12 Aug 2020Sold for $742,500
Recent sales nearby
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0About Lambton 2299
The size of Lambton is approximately 2.8 square kilometres. It has 15 parks covering nearly 12.6% of total area. The population of Lambton in 2016 was 4909 people. By 2021 the population was 5214 showing a population growth of 6.2% in the area during that time. The predominant age group in Lambton is 50-59 years. Households in Lambton are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lambton work in a professional occupation.In 2021, 63.00% of the homes in Lambton were owner-occupied compared with 61.70% in 2016.
Lambton has 2,739 properties. Over the last 5 years, Houses in Lambton have seen a 67.30% increase in median value, while Units have seen a 47.26% increase. As at 31 December 2025:
- The median value for Houses in Lambton is $1,235,393 while the median value for Units is $739,209.
- Houses have a median rent of $680 while Units have a median rent of $510.
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