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Overview
Positioned within one of Sydney's rapidly evolving growth corridors, 90 Wangee Road, Lakemba offers an exceptional opportunity for homeowners, investors, and landbankers. Situated just moments from the future Lakemba Metro Station, the locality is benefiting from significant infrastructure upgrades as part of the Sydney Metro City & Southwest project. This enhanced metro line promises faster and more frequent services across Sydney, improving connectivity and boosting long-term capital growth prospects for the area.
The property features 2 bedrooms equipped with built-in robes and a functional kitchen space. The substantial land size of 415 square meters is zoned R4 High-Density Residential, with a floor space ratio of 0.75:1 and an 8.5-meter height limit. The location is uniquely positioned opposite the Lakemba Mosque, providing a notable landmark. This presents an excellent landbank opportunity with promising future growth potential.
Residents benefit from convenient proximity to the future Lakemba Metro Station and approximately 600 to 700 meters to Lakemba Train Station and Sydney Metro services. Easy access is available to Canterbury Road and other arterial routes, complemented by excellent public transport options including buses and trains. The vibrant Haldon Street shopping precinct is nearby, offering a diverse multicultural retail and dining atmosphere throughout Lakemba town centre.
Educational institutions in close vicinity include Hampden Park Public School, Al Hikma College, Al-Faisal College, St Therese's Catholic Primary School, Rissalah College, and Wangee Park Public School, providing varied options for families.
Additional features of the property include air conditioning, broadband availability, electric hot water service, Pay TV, secure parking, and split system air conditioning, enhancing comfort and convenience.
Disclaimer: All information provided is from sources considered reliable; however, accuracy is not guaranteed. It is recommended that interested parties conduct their own inquiries and independent assessments regarding property details, zoning, development potential, dimensions, and approvals. Any plans, figures, or descriptions are indicative and subject to change without notice. Prospective buyers should seek independent legal, financial, and planning advice before making any decisions.
Local Market Insights
In Lakemba, Quiet Listings observed 10 new houses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,992,500. The property type mix of listed properties is predominantly Houses at 45%, followed by apartments (23%), and units (23%). Ray White was the most active agency in this area, representing 33.3% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Lakemba NSW 2195
Market Insights for Lakemba NSW 2195
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
