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7/117-119 Croydon Street, Lakemba NSW 2195

For Sale - $769,000

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$769k - $807k Transparent Transparent Listing Based on an openly advertised listing price.

Unit 2 Beds 1 Bath 1 Car 121 m²

Listed: 3 days ago

Overview

This well-proportioned two-bedroom apartment offers an excellent blend of generous living space and convenient location, making it an appealing option for owner-occupiers and investors alike. The expansive open-plan lounge and dining area flows seamlessly onto a sizable balcony, enhancing the living area with natural light and outdoor accessibility.

The apartment is designed for comfortable and practical living, featuring a large kitchen with abundant bench and storage space, suited for those who enjoy cooking and entertaining. Both bedrooms provide built-in wardrobes, with the main bedroom benefiting from an ensuite, delivering privacy and convenience.

The modern main bathroom is thoughtfully laid out with floor-to-ceiling tiling, including both separate shower and bathtub options, catering to varied preferences. Additional comforts include internal laundry facilities, air conditioning, and tiled flooring throughout, promoting ease of maintenance and year-round comfort.

Parking and storage needs are well met with a remote-controlled lock-up garage offering ample additional storage space, suitable for residents with vehicles and extra belongings. Situated within a well-maintained complex, the property enjoys a prime location just 800 metres from the upcoming Lakemba Metro station, securing future direct access to Sydney's CBD.

Local amenities such as shops, schools, cafés, and bus services are all within easy walking distance, enhancing lifestyle convenience. With an estimated rental return of approximately $690 per week and reasonable strata fees, this apartment represents a solid opportunity in a growing area, balancing lifestyle benefits with investment potential.

Local Market Insights

In Lakemba, Quiet Listings observed 4 new units entering the market over the last 30 days, down from 5 during the previous 30-day period, with an average advertised asking price of $619,750. The property type mix of listed properties is predominantly Houses at 46%, followed by units (31%), and apartments (23%). The most active agency for units in the Lakemba area is currently Raine & Horne, representing 50% of new listings, followed by Ray White with 50%. 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.