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1-6/16 Ernest Street, Lakemba, NSW 2195

1-6/16 Ernest Street, Lakemba, NSW 2195 For Sale
Block Of Units
Type
12
Bedrooms
6
Bathrooms
6
Parkings

Published on Wednesday, August 26, 2026 ( See property details for 1-6/16 Ernest Street, Lakemba, NSW 2195)

Auction

Open on Saturday 29 August 12:15 pm | View All

Auction Thursday 24 September at 6:00 pm | View All

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A highly desirable, low-maintenance block of six modern 2-bedroom apartments in a prime Lakemba location, offering strong rental potential and future growth prospects.

🏡 Property Highlights

  • Entire block of 6 x 2-bedroom apartments with strong rental appeal
  • Generous 670sqm landholding in a prime location
  • All apartments feature internal laundries and dedicated parking
  • Great position close to shops, transport, and amenities
  • Ideal entry-level investment with potential for future upside
  • Low-maintenance asset suitable for easy management

✨ Key Features

  • Internal Laundry
  • Dedicated Parking
  • Built-in Robes
  • Open-Plan Living
  • Secure Parking
  • Pet-Friendly
  • Floorboards
  • Ensuite
  • Balcony
  • Waterfront / Views

Lakemba is a vibrant suburb renowned for its diverse community, excellent transport links, and proximity to shopping and amenities. It offers strong rental demand, affordable property options, and a friendly neighbourhood atmosphere. The area is ideal for investors seeking growth potential and tenants seeking convenience. With easy access to public transport and local services, Lakemba provides a highly accessible lifestyle. The suburb continues to attract both tenants and investors, making it a strategic choice for property investment.

What is the current rental yield for these apartments?
The rental yield will depend on current market conditions, but these apartments are highly sought after, offering strong rental income potential with room for future growth.
Are there any upcoming developments or planning changes in the area?
It is recommended to consult local council planning resources or speak with a real estate agent for the latest information on future developments in Lakemba.
What are the ongoing costs associated with owning this property?
Ongoing costs may include strata fees, council rates, insurance, and maintenance. Specific details should be obtained from the current owner or managing agent.
Is the property compliant with all building and safety regulations?
The property should have current compliance certificates; a thorough inspection and due diligence are recommended to confirm compliance.
What is the zoning classification for this property?
The property is zoned for residential use; further details can be obtained from the local council to understand any restrictions or potential for future development.
Are there any existing or past issues with pests, mold, or structural defects in the apartments? What are the strata or management fees, and are there any special levies planned? Are there any easements, covenants, or zoning restrictions affecting the property? Is there any history of flooding or bushfire risk in the area? Are there any planned nearby developments or construction activities that could impact the property’s value or living conditions?

1-6/16 Ernest Street, Lakemba, NSW 2195 - More Details

Auction

Set on approximately 670sqm in a great position close to local shops and amenities, this entire block of 6 x 2 bedroom apartments presents an outstanding entry-level investment opportunity. Each apartment features its own internal laundry and dedicated parking, making this a highly desirable and easily managed asset with strong rental appeal.

• Entire block of 6 x 2br apartments
• All apartments with internal laundries
• All apartments with dedicated parking
• Generous 670sqm landholding
• Great position close to shops, transport and local amenities
• Excellent entry-level apartment block investment
• Strong rental appeal with potential for future upside

Ray White Double Bay - Exceptional Living Begins Here

Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY
Type
Block Of Units
Bedrooms
12
Bathrooms
6
Parkings
6

Inspections times

  • Inspection Sat 29 Aug 12:15 pm

    Saturday 29 August
    12:15 pm - 12:45 pm
    Add to calandar Remind Me

  • Inspection Thu 3 Sep 3:00 pm

    Thursday 3 September
    3:00 pm - 3:30 pm
    Add to calandar Remind Me

  • Inspection Sat 5 Sep 12:15 pm

    Saturday 5 September
    12:15 pm - 12:45 pm
    Add to calandar Remind Me

  • Inspection Thu 10 Sep 3:00 pm

    Thursday 10 September
    3:00 pm - 3:30 pm
    Add to calandar Remind Me

  • Inspection Sat 12 Sep 12:15 pm

    Saturday 12 September
    12:15 pm - 12:45 pm
    Add to calandar Remind Me

Auctions

  • 1-6/16 Ernest Street, Lakemba, NSW 2195

    Thursday 24 September
    6:00 pm
    Add to calandar Remind Me

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