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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

59 East Street, Lidcombe NSW 2141

Pre Market Opportunity

Listed: yesterday
Overview

This Victorian Gothic mansion, built in 1878, stands as a significant architectural landmark in Lidcombe. Set on a generous 1,031sqm corner block with a commanding 27-metre street frontage, it offers a blend of historical charm and substantial commercial potential.

The property encompasses a spacious 533.3sqm building area with soaring 3.1-metre ceilings, accentuating its grand proportions and period features. Its flexible floorplan lends itself to multiple adaptive uses, making it suitable for diverse purposes beyond residential living.

  • DA approval for a 40-place childcare centre combined with a four-bedroom residence enhances its appeal to investors and owner-operators seeking versatile commercial opportunities.
  • Accommodation includes four double-sized bedrooms, two of which are master suites featuring ensuites, providing comfort and privacy.
  • The expansive ground floor accommodates both formal and casual function spaces, ideal for a variety of business or community uses.
  • Separate male and female amenities support the property's commercial functionality.
  • Located conveniently near Lidcombe Station, schools, shops, and green spaces, the site offers both accessibility and lifestyle advantages for future users.
  • The property's potential uses include childcare, function centre, boarding home, or other adaptive re-uses subject to council approval, offering a rare investment and development opportunity.

This property is well-suited for investors and institutions looking for a unique property that combines historical significance with contemporary commercial viability, as well as owner-operators intending to capitalize on a versatile space that accommodates both residential and licensed childcare operations.

Local Market Insights

In Lidcombe, Quiet Listings observed 12 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $2,004,167. The property type mix of listed properties is predominantly Apartments at 33%, followed by houses (29%), and units (14%). The most active agency for houses in the Lidcombe area is currently Ray White, representing 33% of new listings, followed by Phillip Daidone Realty with 25%. 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
59 East Street
Lidcombe NSW 2141
Market Insights for Lidcombe NSW 2141
New Listings (last 30 days)
12
Average price
$2,004,167
Lowest price
$1,200,000
Highest price
$4,000,000
Other properties in this postcode