12 Gillies St, Lakemba is a 6 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 721m2 and floor size of 319m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 6 bedroom House sold in Lakemba in the last 12 months.
This oversized freestanding property offers buyers or investors an excellent opportunity to secure a substantial piece of real estate in a location renowned for its fast-growing appeal. Set in a prime Lakemba street on a good-sized 724sqm level block with a 18.29m frontage, it offers a home of tremendous versatility and is currently configured with two self-contained levels providing a great dual income prospect. There is also lots of scope here to update the existing structure, transform and redesign, or start again with a creative knockdown/duplex project (STCA).
- A large 724sqm block of land with a wide 18.29m frontage
- Scope for duplex development to truly maximise value (STCA)
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.
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