16 Ernest Street, Lakemba NSW 2195

Occupying a generous 670 square meter block in a well-connected location near local shops and amenities, this rare offering comprises an entire block of six spacious two-bedroom apartments. As a comprehensive investment package, it presents a straightforward and attractive opportunity for entry-level investors seeking a manageable yet high-potential asset.

Each apartment is thoughtfully designed with separate internal laundries to enhance tenant convenience and streamline maintenance management. Dedicated parking is provided for every apartment via six garage spaces, enhancing the desirability and practical appeal to renters or residents, especially in a suburban context where parking availability is often a premium.

This property is tailored for investors prioritizing income stability through easy upkeep and strong tenant appeal. The configuration supports multiple tenancies, spreading risk and augmenting rental income potential. Moreover, the block's position within a vibrant suburb with access to transport and local facilities adds to the enduring attractiveness for long-term growth and future capital appreciation.

• Complete block of six separate 2-bedroom apartments offering scale and rental diversity
• Individual internal laundry facilities ensure tenant independence and ease of management
• Exclusive parking for each unit via six garage spaces enhances tenant convenience
• Spacious landholding of approximately 670 sqm offers good outdoor space potential and development flexibility
• Strategically located close to essential shops, transport links, and amenities, supporting lifestyle and rental demand
• An excellent entry point for investors seeking solid fundamentals and future upside possibilities in the apartment market

This portfolio appeals particularly to astute investors interested in a turnkey asset that combines scale with ease of management and attractive tenant features. Given current market dynamics, the combination of individual amenities and strategic location positions this block excellently for sustained rental demand and capital growth.