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Overview
Positioned within one of Sydney's rapidly evolving growth corridors, this property at 86 Wangee Road, Lakemba offers an exceptional opportunity for homeowners, investors, and landbankers.
The location is notably close to the future Lakemba Metro Station, with the area experiencing significant infrastructure enhancements as part of the Sydney Metro City & Southwest project. This upgraded metro line promises faster and more frequent services, enhancing connectivity and bolstering long-term capital growth prospects for the precinct.
Property Highlights:
- Two bedrooms fitted with built-in robes
- Gas kitchen facilities
- Located within an R4 High-Density Residential zoning
- Floor space ratio (FSR) of 0.75:1
- Height restriction of 8.5 meters
- Positioned directly opposite the Lakemba Mosque
- Excellent landbank opportunity with promising future growth potential
- Situated in close proximity to the upcoming Lakemba Metro Station
- Strong investment fundamentals set in an evolving urban renewal corridor
- Ideal for developers, home occupiers, and strategic buyers subject to council approval (STCA)
Location and Amenities:
- Approximately 600 to 700 meters from Lakemba Train Station and the future Sydney Metro services
- Convenient access to Canterbury Road and other arterial roads in the area
- Excellent public transport options with nearby bus and rail connections
- Moments away from the vibrant Haldon Street shopping precinct
- A rich multicultural retail and dining atmosphere throughout the Lakemba town centre
- Nearby educational institutions including Hampden Park Public School, Al Hikma College, Al-Faisal College, St Therese's Catholic Primary School, Rissalah College, and Wangee Park Public School
Disclaimer:
All information provided is from sources considered reliable, though absolute accuracy cannot be guaranteed. Interested parties should conduct their own inquiries, investigations, and independent assessments regarding zoning, development potential, dimensions, approvals, and other pertinent matters. All plans, measurements, and descriptions are indicative and subject to change without notice. It is recommended that purchasers seek independent legal, financial, and planning advice before making any property 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.
