SOLD
Sold on 30 Dec 2023 for $2,740,000

46 Colin Street
Lakemba NSW 2195

Bedrooms: -
Bathrooms: -
Car spaces: 8
Floor area: 67m2
Land area: 742m2
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Property Details for 46 Colin St, Lakemba

46 Colin St, Lakemba is a 0 bedroom, 0 bathroom House with 8 parking spaces and was built in 1970. The property has a land size of 742m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Lakemba in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
67m2
Land Size
742m2
Local Government
Canterbury-Bankstown
Lot/Plan
99/DP5654

Last Listing description (September 2023)

A truly rare opportunity for investors to secure an entire building within one of South Western Sydney's most prominent growth corridors. Minutes to all major amenities including Lakemba Train station, Woolworths and Aldi along with easy access to major roads.
* Opportunity to purchase an entire apartment block
* A mix of 8 units (6 x 2 bedroom units and 2 x 1 bedroom units)

* 8 car spaces including 3 x lock-up garages plus additional onsite parking
* Fully leased Investment with Land size of 742 sqm
* Low maintenance residential investment
* Zoned R4 High Density Residential
* 350m to Lakemba train station and within walking distance to amenity
* Rental income approx $160,000 - $190,000 per annual
* Outgoing per annual approx: Council $6000 Water $1000

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Property History for 46 Colin St, Lakemba, NSW 2195

A timeline of how this property has performed in the market
Last Sold
$2,740,000
30 Dec 2023
Listed for Rent
$350/w
12 Oct 2010
  • 30 Dec 2023
    Sold for $2,740,000
  • 05 Sep 2023
    Listed for Sale Contact Agent
  • 11 Nov 2021
    Sold for $2,780,000
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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 7,251 properties. Over the last 5 years, Houses in Lakemba have seen a 51.71% increase in median value, while Units have seen a 16.92% increase. As at 30 November 2024:

  • The median value for Houses in Lakemba is $1,329,691 while the median value for Units is $488,852.
  • Houses have a median rent of $700 while Units have a median rent of $520.
There are currently 32 properties listed for sale, and 31 properties listed for rent in Lakemba on OnTheHouse. According to CoreLogic's data, 316 properties were sold in the past 12 months in Lakemba.

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