Back 118 Old Canterbury Road
Off Market

118 Old Canterbury Road

Lewisham NSW 2049

1
1
1
76 m²
Apartment
Last sold for $690,000
Peter VassilisPeter Vassilis, last sold this property on 14 October 2025 after 12 days on market.

Overview

An Excellent Investment Opportunity with Immediate Returns

This fresh, secure and easily maintained one-bedroom residence is well-located only footsteps to the light rail, bus connections, Lewisham trains and Summer Hill village. The property is currently leased through the Defence Housing Authority (DHA) and earning guaranteed rental returns, giving its new owner a ready-made income stream from day one, with current rental returns of $900 per week. So, if you're looking for a high-performing and well-located investment with assured returns and a secure future, this first-rate property ticks all the boxes. An ultra-modern designer apartment with quality finishes A premium investment currently leased at $900 per week Long-term lease to the Defence Housing Authority (DHA) Rent paid in advance, all maintenance taken care of by DHA Well-proportioned design with open living and dining areas An easy flow to a great-sized north facing balcony away from the road Double bedroom fitted with a large mirrored built-in wardrobe Modern stone kitchen featuring a gas cooktop and dishwasher Air-conditioning, quality carpeting, intercom entry and lift access Located at the back of the block away from the road Secure cars space, close to schools, transport and shops Dryer, stove and dishwasher included Lease expiring Aug 2028, option to renew for a further 3 years *This property is secured to DHA under the applicable lease agreement with a variable extension period of 36 months. Inspect by private appointment only.

Features

1 bedroom
1 bathroom
1 carspace
1 open car space
76 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Lewisham over the last 12 months, the estimated median property value of 118 Old Canterbury Road is $700k.

Median value
$700k
Estimated value range
$610k - $820k
Median days on market
32
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Lewisham. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 118 Old Canterbury Road

2025
Sold
$690,000
14 Oct 2025 by Peter Vassilis, of Hudson McHugh
2018
Rented
Undisclosed
Leased on 12 Nov 2018 by Iskandar Real Estate
2016
Sold
$600,000
10 May 2016 by Graeme Anderson, of The Agency Eastern Suburbs

Happy sellers in Lewisham

86%
86% of sellers in Lewisham reported that their sale price either exceeded or met their price expectations.

Lewisham stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 32 reviews in Lewisham over the last 12 months.

Local market activity for 1 bedroom apartments in Lewisham

In the last 12 months, 21 one-bedroom apartments similar to 118 Old Canterbury Road, have been sold.

This represents a 4% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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