194-198 Lakemba Street, Lakemba, NSW 2195

For Sale

194-198 Lakemba Street, Lakemba, NSW 2195-Image

194-198 Lakemba Street, Lakemba, NSW 2195

EOI- Closing 5:00pm 24/08/2026|Rahat Ferdaus (Jp)

House

Type

Bedrooms

Bathrooms

Parkings

2,461 m²

Area

Published on Saturday, June 27, 2026 ( See property details for 194-198 Lakemba Street, Lakemba, NSW 2195)

EOI- Closing 5:00pm 24/08/2026|Rahat Ferdaus (Jp)

Rahat Ferdaus - Real Estate Agent - Ray White AusBan

Rahat Ferdaus DIRECTOR OF SALES & PRINCIPAL IN CHARGE

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AI Property Insight

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

A prominent corner commercial property in Lakemba offering extensive development potential, modern refurbishment, and excellent connectivity close to public transport and amenities.

🏡 Property Highlights

Prime corner location in the heart of Lakemba with extensive frontage to Lakemba and Croydon Streets
Massive land size of approximately 2,461m² offering development potential
Recently refurbished three-level commercial building with modern amenities
Secure basement parking for 64 cars, ideal for tenants and visitors
Located within walking distance to Lakemba Metro Station, enhancing accessibility
Opportunity for high-rise development (STCA) under the new Transport Oriented Development program

✨ Key Features

Open-Plan Living
Built-in Robes
Outdoor Area
Garage
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Extra Storage (Shed/Linen)
Waterfront / Views
Pet-Friendly

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194-198

Lakemba, NSW 2195

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Suburb and Property Insights of Lakemba, NSW 2195

Lakemba is a vibrant inner west suburb within Metropolitan Sydney, renowned for its diverse community and growth prospects. Key points include: strategic location close to Sydney CBD and Parramatta, excellent transport links including upcoming metro lines, a thriving shopping precinct, strong rental demand, and significant development opportunities under the new T.O.D. program.

Frequently Asked Questions

What are the future development opportunities for this property?

The property has potential for high-rise development (STCA) under the new Transport Oriented Development (T.O.D) program, offering significant growth prospects.

Is the property suitable for investment purposes?

Yes, the property currently generates great rental income with most spaces leased, making it an attractive investment opportunity.

What amenities are nearby?

The property is within walking distance to Lakemba Metro Station, shopping precincts, and essential amenities, providing excellent convenience.

What is the condition of the building?

The building has been recently refurbished, presenting a modern and well-maintained commercial space.

Are there parking facilities available?

Yes, the property includes secure basement parking for 64 cars, suitable for tenants and visitors.

What to ask about this property to agent?

Are there any existing easements, covenants, or zoning restrictions that could affect future development plans? Has a recent building inspection been conducted to identify any structural or compliance issues? Are there any planned or ongoing nearby construction projects that could impact the property? What are the total costs involved in the development or refurbishment process? Is the property compliant with all current building codes and safety standards? Are there any flood or bushfire risks associated with the property location? What are the terms of the current leases, and are there any upcoming lease expirations? Are there any strata or body corporate considerations if parts of the property are subdivided or leased? What are the long-term planning and zoning policies that could influence future use? Are there any hidden costs or fees associated with the property’s current or future use?

194-198 Lakemba Street, Lakemba, NSW 2195 - More Details

EOI- Closing 5:00pm 24/08/2026|Rahat Ferdaus (Jp)

Rahat Ferdaus from Ray white AusBan Group acting as an exclusive selling agent and very delighted to present for sale the most iconic commercial property located in 194-198 Lakemba St, Lakemba. A three level commercial building which has recently been refurbished and presented to the market for EOI - Ending 5:00pm (24/08/2026 ) . With endless opportunity for Hi Rise development (S.T.C.A) under the new T.O.D (Transport Oriented Development Program NSW.
A Stone throw away Location from the METRO station & Lakemba Shopping precinct.

Lakemba is a major inner west growth suburb within Metropolitan Sydney and this property is located in a commanding a prominent corner location in the heart of Lakemba with an extensive frontage to Lakemba St & Croydon St, this freestanding commercial building which was built in the 1990's consists of two commercial floors and secure basement car parking for 64 cars will be one of the most sought after in 2026.
Majority of the building spaces are Currently leased with great annual rental income .

Located on the Eastern side of Lakemba St. Under 200m walking distance to Lakemba Metro Station.
11-12 kms* west of Sydney CBD and14-15 kms* south-east of Parramatta CBD. Close vicinity to all essential amenity.

The property will attract several buyers because of its many key attributes, including:

* Massive land size : 2461m2*
* Zoned E1 Local Centre
* 4 Star NABERS Energy Rating
* Net Lettable Area: 2,294sqm*
* Ideal for owner occupiers, investors & developers
* New Metro line will open soon between Bankstown - Sydenham

Act fast - opportunities like this are rare.
For inquiries, please contact Rahat Ferdaus on 0432 520 856 today.

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries. (*approximate)

Type: House
Bedrooms: 10
Bathrooms: 1
Parkings: 10
Area: 2,461 m²
House Size: 2,294 m²

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