OFF MARKET

24 Yerrick Road
Lakemba NSW 2195

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 1012m2
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Property Details for 24 Yerrick Rd, Lakemba

24 Yerrick Rd, Lakemba is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 1012m2. While the property is not currently for sale or for rent, it was last sold in August 2021.

Building Type
Unit
Land Size
1012m2
Local Government
Canterbury-Bankstown
Lot/Plan
103/DP3323

Last Listing description (October 2022)

A rare offering, this entire block of 8 x 2-bedroom units, all set on 1012sqm of land (approx), is to be sold in one line offering an exceptional investment prospect with potential for strata subdivision and the addition of more units (S.T.C.A)
Located in a sought-after setting in the heart of Lakemba, these apartments offer an immediate steady income stream, excellent rental demand and capital growth potential. Now featuring:

* 8 x 2-bedroom units

* Spacious updated eat in kitchens
* Neat bathrooms
* Bright & airy lounge areas
* 8 car spaces
* Walking distance to transport, shops, schools & parks
* Land size 1012sqm approx.
* 20 metre frontage
* Potential rent when updated and fully rent ,circa $145k - $155k

Summary: A solid AAA investment with high rental returns and strong capital growth ideal for investors, developers or self - managed superannuation funds.

For more information, or to obtain a copy of the Information Memorandum please contact Peter Spathis on 0405 157 788 or by email peter@mintbelfield.com.au

Property History for 24 Yerrick Rd, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$2,840,000
30 Aug 2021
Listed for Rent
$280/w
19 Jul 2011
  • 30 Aug 2021
    Sold for $2,840,000
  • 26 Jul 2021
    Listed for Rent $300 / week
  • 19 Apr 2021
    Listed for Sale Contact Agent
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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 7,166 properties.

    There are currently 44 properties listed for sale, and 40 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 337 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.