SOLD
Sold on 21 Sep 2023 for $420,000

11/54-58 Fairmount Street
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 2699m2
Sold By
Amer Kourouche
Latash Properties
Save

Property Details for 11/54-58 Fairmount St, Lakemba

11/54-58 Fairmount St, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2699m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Lakemba in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
2699m2
Local Government
Canterbury-Bankstown
Lot/Plan
11/SP6006

Last Listing description (November 2023)

Discover the perfect blend of convenience and comfort at Unit 11/ 54-58 Fairmount Street, Lakemba. This well-maintained, top-floor, front-facing unit presents an excellent opportunity for both savvy investors and first-time home buyers.
Key Features:

2 Bedrooms

1 Bathroom
Internal Laundry
Locked-up Garage
Fixed Floor Coverings
Light Fittings
Stove
Clothes Line

Investment Potential:
With a weekly rental income estimated at $450-$500, this unit is a prime choice for investors seeking strong returns. As an investment property, you can expect consistent rental income, making it an attractive addition to your portfolio.

Perfect for First-Time Home Buyers:
If you're a first-time home buyer, this unit offers an affordable entry into the property market. Take advantage of low-interest rates and the opportunity to own your own space in a great location.

Neighbourhood Highlights:
Lakemba is a vibrant and culturally diverse suburb in Sydney's southwest, known for its unique charm and amenities.

Education: Families will appreciate the proximity to quality schools, including Lakemba Public School and Holy Spirit Catholic College.
Shopping and Dining: Explore the diverse range of shops, restaurants, and eateries along Haldon Street, offering cuisines from around the world. You'll find everything you need right at your doorstep.
Recreation: Enjoy outdoor activities at the nearby Parry Park or take a leisurely stroll along the serene Wiley Park. Lakemba also boasts excellent fitness and sports facilities.
Transport: The unit is conveniently located near Lakemba Train Station, providing easy access to the Sydney CBD and other parts of the city. Multiple bus routes also serve the area.
Healthcare: Access to healthcare is readily available with medical centers and pharmacies in the vicinity.
Finance Assistance Available:
We understand that purchasing a property is a significant decision, and we have a dedicated finance team ready to assist you in securing the right financial solution for your needs.
Don't miss out on this fantastic opportunity! Whether you're looking to invest or make this your first home, Unit 11 at 54-58 Fairmount Street is a must-see property. Act quickly, as properties like this are in high demand.

For more information or to arrange a viewing, please contact us today.

Property History for 11/54-58 Fairmount St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$420,000
21 Sep 2023
Listed for Rent
$340/w
19 Feb 2018
  • 21 Sep 2023
    Sold for $420,000
  • 18 Sep 2023
    Listed for Sale $450,000
  • 02 Feb 2018
    Listed for Rent - Price not available
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About Lakemba 2195

The size of Lakemba is approximately 2.2 square kilometres. It has 11 parks covering nearly 6.7% of total area. The population of Lakemba in 2011 was 15,507 people. By 2016 the population was 17,011 showing a population growth of 9.7% in the area during that time. The predominant age group in Lakemba is 30-39 years. Households in Lakemba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakemba work in a labourer occupation. In 2011, 44.9% of the homes in Lakemba were owner-occupied compared with 39.1% in 2016.

Lakemba has 7,167 properties.

    There are currently 47 properties listed for sale, and 40 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 334 properties were sold in the past 12 months in Lakemba.

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    Disclaimer
    Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.