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122 Ernest Street, Lakemba, NSW 2195 For Sale
122 Ernest Street, Lakemba, NSW 2195 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Image 122 Ernest Street, Lakemba, NSW 2195-Floorplan

122 Ernest Street, Lakemba, NSW 2195

Auction | Price Guide $1,500,000

House
Type
3
Bedrooms
1
Bathrooms
670.3 mΒ²
Area

Last updated on Friday, August 07, 2026 ( See property details for 122 Ernest Street, Lakemba, NSW 2195)

Auction | Price Guide $1,500,000

Auction Saturday 15 August at 10:00 am | View All

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

A charming character home on a spacious R4-zoned block, offering exceptional development potential in a highly sought-after central location.

🏑 Property Highlights

  • Generations-held character home with immense future potential
  • Spacious 670sqm block with wide 15.24m frontage
  • Versatile R4 zoning suitable for duplex development (STCA)
  • Prime central location close to upcoming Metro stations
  • Abundant outdoor space with established gardens and outdoor entertaining areas
  • Readymade home with separate living, dining, and sunroom

✨ Key Features

  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Workshop
  • Garden / courtyard
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • Water tank
  • Outdoor Area / Balcony
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122 Ernest Street
Lakemba, NSW 2195
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Vertical aerial view β€” 122 Ernest Street
122 Ernest Street — Vertical Aerial  •  Lakemba, NSW 2195  •  Nearmap © 2026

Lakemba is a vibrant suburb renowned for its diverse community, excellent amenities, and convenient access to public transport. It offers a mix of character homes and development opportunities, with nearby parks, shopping precincts, and schools. The area boasts a lively dining scene and easy connectivity to Sydney CBD, making it ideal for families and investors alike.

What is the potential for future development on this property?
The property is zoned R4, allowing for duplex development or rebuilding (STCA), offering significant future potential.
Are there existing plans or permits for redevelopment?
Currently, there are no approved plans; future development would require council approval and compliance with local zoning regulations.
What are the key features of the existing home?
The home features ornamental fireplaces, ceiling rosettes, wall detailing, separate living and dining areas, a sunroom, and outdoor entertaining spaces.
Is the property suitable for renovation or extension?
Yes, the spacious 670sqm block and existing structure provide ample scope for renovation, extension, or rebuilding to suit your needs.
What amenities and transport options are nearby?
The property is close to upcoming Lakemba/Wiley Park Metro stations, local shopping, dining precincts, schools, parks, and recreational facilities.
Are there any zoning restrictions or easements that could affect future development plans? Has the property been affected by any flooding or bushfire risks? Are there any existing planning or building approvals or restrictions? What are the ongoing costs associated with the property, including council rates and maintenance? Are there any nearby construction or development projects that could impact the property’s value or living environment? Is the property compliant with all current building codes and safety standards? Are there any known issues with the existing structure or outdoor areas? What are the strata or community title considerations, if applicable? Are there any easements or rights of way affecting the property? What are the potential costs involved in future redevelopment or renovation?

122 Ernest Street, Lakemba, NSW 2195 - More Details

Auction | Price Guide $1,500,000

Tightly held by the same family for generations, this much loved character home offers immense future potential to match its superb location. Spanning 670sqm with wide 15.24 metre frontage, there's ample scope to build duplexes or a dream new family sanctuary (STCA), while the existing home's tidy presentation and readymade appeal mean you can move in or lease it out right away before committing to future plans. There are separate living and dining areas plus a sunroom, three bedrooms and an abundance of outdoor space to enjoy. Pairing impressive dimensions with versatile R4 zoning, this is a fantastic opportunity to capitalise on such a central address. Soon-to-be-opened Metro stations, HomeCo. Roselands and the aquatic centre are all less than 1.3 kilometres away, and it's just a 900 metre walk to the local Aldi or the top of Haldon Street's village precinct. A 250 metre stroll will also take you to the grounds of Wiley Park, where you'll find open lawns, lakeside pathways, picnic areas, an outdoor gym, playground and amphitheater.

β€’ Ornamental fireplaces, ceiling rosettes and wall detailing
β€’ Separate living and dining areas plus front sunroom/study
β€’ Wide covered patio and pergola with wood-fire pizza oven
β€’ Extensive lawns dotted with established trees and plants
β€’ Gas equipped kitchen, three bedrooms, one offers robes
β€’ Full bathroom tiled floor-to-ceiling, additional outdoor w/c
β€’ Multiple garden storage sheds plus workshop and aviary
β€’ Ample driveway parking includes extra-wide single carport
β€’ Readymade opportunity, endless scope to further capitalise
β€’ Options to renovate/rebuild on R4-zoned 670sqm (STCA)
β€’ 350m to El Jannah, 900m to vibrant Lakemba dining strip
β€’ 950m to Holy Spirit Catholic College, 800m to public school
β€’ 1.2km from soon-to-open Lakemba/Wiley Park Metro stops
Type
House
Bedrooms
3
Bathrooms
1
Area
670.3 mΒ²

Auctions

  • 122 Ernest Street, Lakemba, NSW 2195

    Saturday 15 August
    10:00 am
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