31 Morehead StreetLambton NSW 2299
Property Details for 31 Morehead St, Lambton
Last Listing description (November 2023)
31 Morehead Street, famously known by Novocastrians as 'Lizotte's', presents a once-in-a-lifetime opportunity to secure a freehold asset or occupy the leasehold of an iconic Newcastle landmark in the thriving suburban retail hub of Lambton.
The property comprises a two-storey purpose-built art deco theatre building constructed in c. 1910. With a building area of 488m*, the venues fitout comprises of the below;
Ground Floor
Restaurant seating area
Stage
Entertainers private room
Dual bar service points
Commercial kitchen
Male and female amenities
Mezzanine
Dress circle seating
Private dining room
Office and storage area
Male and female amenities
The iconic venue is located on the corner of Morehead Street and Kendall Street within the centre of Lambton and only a stone's throw from the Newcastle CBD.
The location benefits from close proximity to some of Newcastle's arterial roads, making it ideal for customers travelling to experience all that Lizotte's has to offer.
For Sale or Lease via Expressions of Interest l Please contact our agents for further information.
*Approximate
Property History for 31 Morehead St, Lambton, NSW 2299
- 29 Sep 2023Sold for $1,700,000
- 12 Aug 2022Listed for Sale Expressions of Interest
- 12 Aug 2022Listed for Rent - Price not available
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 2,741 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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