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33 Dennis Street, Lakemba NSW 2195

Guide Price $1,500,000

Search Band Search Visibility Band

$1.5M - $1.58M Transparent Transparent Listing Based on an openly advertised listing price.

House 2 Beds 1 Bath 2 Cars 588 m²

Listed: 8 days ago

Updated: 9 hours ago

Overview

Located in the bustling heart of the Lakemba Retail Precinct, this property offers a rare opportunity for renovators and developers alike, presented for the first time in over five decades. Set on a substantial 588 square meter block, it combines the charm of a traditional family home with promising potential for future residential development, subject to council approval.

The existing residence features two generously sized bedrooms, complemented by inviting living and dining spaces that are perfect for comfortable daily living or entertaining guests. Additional sunroom and enclosed balcony areas expand the interior footprint, enhancing the home's versatility and natural light throughout the day.

Functionality is further supported by secure parking and garage storage, accessible via a convenient side driveway, providing ease and privacy. The property is fully fenced, offering a secure environment ideal for families or those seeking peace of mind.

Its prime location places it just moments from Lakemba Train Station and the forthcoming Metro, making daily commutes and access to broader Sydney effortless. Moreover, essential amenities such as local schools, childcare centers, shops, and transport services lie all within a short stroll, enriching the lifestyle convenience for occupants.

This property will particularly appeal to owner-occupiers seeking a renovation project in an established and well-connected suburb, as well as savvy investors or developers looking to capitalize on the site's potential. The quaint residential street setting adds to the overall appeal, balancing accessibility with neighborhood charm.

Two spacious bedrooms providing comfortable accommodation
Land size of approximately 588sqm offering significant outdoor space and development scope
Secure side driveway access and parking facilities
Excellent renovation and value-add potential with prospects for future development (STCA)
Close to public transport, schools, and retail amenities

Local Market Insights

In Lakemba, Quiet Listings observed 4 new houses entering the market over the last 30 days, down from 6 during the previous 30-day period, with an average advertised asking price of $1,525,000. The property type mix of listed properties is predominantly Units at 42%, followed by houses (42%), and apartments (17%). The most active agency for houses in the Lakemba area is currently Allan Dale Real Estate PTY LTD, representing 25% of new listings, followed by Raine & Horne 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.