$2,300,000

12 Bed  •  6 Bath  •  6 Car  •  670m²

Main view of Homely block of units listing, 16 Ernest Street, Lakemba NSW 2195
Floorplan of Homely block of units listing, 16 Ernest Street, Lakemba NSW 2195
Second view of Homely block of units listing, 16 Ernest Street, Lakemba NSW 2195
+17

Sold

16 Ernest Street, Lakemba NSW 2195

Copy address

$2,300,000

  • 12
  • 6
  • 6
  • 670m²

Block of Units Sold on Thu 18 May, 2023

What's around Ernest Street

Block of Units description

“SOLD BY BEGETIS ESTATE AGENTS $2,300,000!”

An outstanding opportunity to suit the shrewd investor & a rare chance to purchase an entire full brick block of 6 x 2 bedroom apartments located on the sought after south side of Lakemba to be sold in one line & situated on approximately 670.3m2 approx land, well maintained & perfectly positioned in a quiet street only footsteps away from Lakemba station, vibrant Haldon Street shopping village/eateries, sought after schools & parkland.

* Building currently rented & returning $98,800 gross per annum (increasing to $101,660 gross as at 25/05/23) with potential for Strata subdivision (subject to Council approval)

* Well presented 2 bedroom apartments with high ceilings, spacious/functional floor plans, tranquil leafy aspects & bonus of 2 having balconies

* Majority of the kitchens & all bathrooms have been renovated, some with recent flooring updates, all have internal laundry provisions & car spaces

* R4 High Density zoning under Canterbury Bankstown Council, currently leased under market value with scope to improve the current yield with further increases

* Location & convenience doesn't get any better with all of the areas amenities, Bankstown Centro & Roselands Shopping Centre all within close proximity

Property features

toilets

Toilets: 6

Other features

0

Land details

Area: 670m²

Interactive media & resources

Third view of Homely block of units listing, 16 Ernest Street, Lakemba NSW 2195View more
Fourth view of Homely block of units listing, 16 Ernest Street, Lakemba NSW 2195View more

Contact the real estate agent

This property has been sold
But you can still contact the agent
16 Ernest Street, Lakemba NSW 2195
By submitting your enquiry, you agree to our Privacy Policy.

Nearby schools in and around Lakemba, NSW

Top reviews by locals of Lakemba, NSW 2195

Discover what it's like to live in Lakemba before you inspect or move.

Discussions in Lakemba, NSW

Wondering what the latest hot topics are in Lakemba, New South Wales?

Similar Block of Units for sale in Lakemba, NSW 2195

Properties for sale in nearby suburbs

Report Listing