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Back 273 Lakemba Street
Off Market

273 Lakemba Street

Lakemba NSW 2195

5
3
4
696 m²
House
Last sold for $1,725,000
Michael SabongiMichael Sabongi, last sold this property on 08 March 2026 after 46 days on market.

Overview

Established Rental Investment with R4 Development Opportunity (STCA)

Positioned on a substantial 696 sqm (approx.) R4-zoned parcel with a 15.24m frontage, this solid double brick residence presents a rare opportunity to secure an established rental income stream of $69,120 per annum with long-term redevelopment potential in a well-connected rental precinct. The spacious and well-proportioned floor plan is currently configured into two self-contained flats, along with a separately rented studio at the rear, generating three rental incomes for immediate cash flow while retaining the option to redevelop in the future, subject to council approval. - 4 bedrooms with built-in wardrobes + self-contained studio - High ceilings with ornate detailing and timber flooring - 2 x gas kitchens, multiple living, dining & alfresco areas - Driveway with double carport + off-street parking for 4-5 cars - Secluded level backyard with established gardens - Current rental income of $1,330 per week - Additional: 2 storage sheds, external WC Land Specifications & Development Opportunity (STCA) - R4 High Density Residential with potential for units, duplex & more (STCA) - Comparable R4 sites have achieved DA approvals for unit developments - Dimensions & size: 15.24m x 45.72m = 696 sqm (approx.) Location - 650m to Lakemba Station, 600m to Wiley Park Station - 600m to Woolworths and Haldon Street shops, restaurants and bus stops - 850m to Parry Park, 800m to Lakemba Public and Wiley Park Girls Ideal for investors and developers looking to landbank now and redevelop later. All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.

Features

5 bedrooms
3 bathrooms
4 carspaces
4 open car spaces
696 m² lot size
House

Estimated Value

We need at least 3 similar 5 bedroom houses sold in Lakemba over the last 12 months.

Property history for 273 Lakemba Street

2026
Sold
$1,725,000
08 Mar 2026 by Michael Sabongi, of Professionals Belmore
2023
Rented
Undisclosed
Leased on 09 Mar 2023 by Tuscany Realty
2021
Rented
Undisclosed
Leased on 24 Oct 2021 by Ausrealty Riverwood

Happy sellers in Lakemba

88%
88% of sellers in Lakemba reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 57 reviews in Lakemba over the last 12 months.

Local market activity for 5 bedroom houses in Lakemba

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Muhammad Sarmini

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Robi Islam

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