Ground Floor Living with Private Garden Courtyard, Low Strata & Outstanding Convenience

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42 Macdonald Street, Lakemba NSW 2195

FOR SALE - $520,000 - $530,000

Search Band Search Visibility Band

$490k - $539k High Confidence Calculated based on strong search observations.

Apartment 2 Beds 1 Bath 1 Car

Listed: 51 days ago

Updated: 4 days ago

Overview

Set within an intimate complex of just eight apartments, this ground-floor apartment at 2/42 Macdonald Street presents an appealing blend of privacy, convenience, and low-maintenance lifestyle. The unit is freshly painted and enhanced with newly stained timber trims, creating a clean and welcoming ambience that complements the practical layout.

Hardwood floors extend through the main living areas, lending quality and warmth underfoot. Both bedrooms feature built-in wardrobes, while fresh carpet in the main bedroom provides added comfort. The kitchen has been thoughtfully updated with new flooring and contemporary fixtures, including a near-new stove and canopy rangehood, enhancing functionality for everyday cooking.

A significant highlight is the exclusive private garden courtyard. Fully fenced and gated, this space extends the apartment’s living area outdoors, offering superb privacy and a peaceful setting for relaxation or casual entertaining, including weekend barbecues. This outdoor feature is rare for apartment living and enriches the lifestyle appeal.

Notably, the apartment benefits from exceptionally low strata levies, representing a cost-effective ownership opportunity. Its proximity, about 1km to Lakemba Station, along with nearby local shops and cafés, ensures everyday convenience. Furthermore, the location is poised to gain from ongoing local development and Sydney Metro infrastructure enhancements.

This property offers strong rental yield prospects, making it suitable for first-home buyers, downsizers seeking a manageable home with garden appeal, and investors drawn to affordable entry with good rental returns. The combination of space, private outdoor living, and low ongoing costs underlines its broad appeal.

Intimate complex with just eight apartments
Ground-floor position with practical floor plan
Freshly painted and newly stained timber trims
Hardwood floors in living areas and fresh carpet in main bedroom
Updated kitchen with new flooring and near-new appliances
Built-in wardrobes in both bedrooms
Exclusive use of fully fenced and gated private garden courtyard
Low strata levies, contributing to affordable ownership
Close to Lakemba Station, shops, and cafés
Potential benefit from future Sydney Metro services
Strong rental yield potential

Local Market Insights

In Lakemba, Quiet Listings observed 3 new apartments entering the market over the last 30 days, down from 4 during the previous 30-day period, with an average advertised asking price of $960,000. The property type mix of listed properties is predominantly Houses at 46%, followed by units (31%), and apartments (23%). The most active agency for apartments in the Lakemba area is currently Ray White, representing 67% of new listings, followed by McGrath Estate Agents with 33%. 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.