32 Gillies Street, Lakemba, NSW 2195

bedrooms 10
bathrooms 4
parkingSpaces 4
|Unit
Auction
Auction
Published on: 01 May 2025
Last updated on: 28 May 2025
32 Gillies Street, Lakemba, NSW 2195
32 Gillies Street, Lakemba, NSW 2195
32 Gillies Street, Lakemba, NSW 2195
+34
32 Gillies Street, Lakemba, NSW 2195
  • 34
  • 1
Property ID: 147847508
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AUCTION THIS SATURDAY 3:30pm

32 Gillies Street, Lakemba, NSW 2195
Located in a quiet, tree-lined street just a short walk from local shops and the station (which is soon to be upgraded to a metro), this unique property offers four modern townhouses with a fantastic blend of comfort, convenience, and investment potential. With two 2-bedroom and two 3-bedroom units, each featuring spacious living areas, private courtyards, and modern amenities, this property presents an ideal opportunity for both investors and family consortiums looking to expand their portfolio in a highly sought-after location. With a combined rental return of approximately $156,000 per year, these townhouses offer outstanding growth prospects and an enviable lifestyle in a growing area.
Key Features:
•	4 Townhouses: Two 2-bedroom units and two 3-bedroom units.
•	Modernized Kitchens & Bathrooms: Contemporary finishes and fixtures throughout.
•	Separate Lounges & Dining Spaces: Designed for comfortable living with well-defined areas.
•	Private Courtyards: Extra-large, ideal for outdoor entertaining or relaxing.
•	Double Storey: Maximizing space with well-thought-out floor plans.
•	Double Brick Construction: Solid and durable with concrete slabs for added strength.
•	Terracotta Tile Roof: Classic and long-lasting roofing style.
•	Garages for All Units: Secure parking for each townhouse.
•	Walking Distance to Shops & Station: Convenience at your doorstep.
•	Future Metro Station Upgrade: Enhancing connectivity and growth in the area.
•	Proximity to Aldi & Woolworths: Grocery shopping made easy.
•	Potential to Strata: Offers future development potential for individual titles.
Key details: 
Council 1,072.00 PQ | Water 720 PQ | Land Size 899 SQM | Taxable Land value $1,250,000 | Potential return $156,000
Summary Paragraph: This property offers a rare opportunity to invest in four high-quality, modern townhouses in a peaceful, tree-lined street with an unbeatable location. The combination of solid construction, spacious layouts, large private courtyards, and modern updates makes these townhouses a standout choice for both investors and family groups. With significant future growth potential due to the nearby metro upgrade, plus a strong rental yield of $156,000 per annum, this is a property that promises long-term value and desirable living in a vibrant community. The added potential to strata further enhances the development possibilities, making it an even more attractive investment.

Property Details

Basic Info

Property Type
Unit
Listing Status
On Market
Parking Spaces
4
Land Size
899.00 m2
Rooms
10 bedroom(s), 4 bathroom(s)
Address
32 Gillies Street, Lakemba, NSW 2195

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Paul Errichiello
Paul Errichiello
Shop 2,37-39 Punchbowl Road, Belfield, NSW 2191
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Paul Errichiello
Paul Errichiello
Shop 2,37-39 Punchbowl Road, Belfield, NSW 2191
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      Property ID: 147847508

      Original Property ID: 147847508
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