534 Punchbowl Road, Lakemba, NSW 2195

Awaiting Price Guide

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Tuesday, August 18, 2026 ( See property details for 534 Punchbowl Road, Lakemba, NSW 2195)

Awaiting Price Guide

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

A versatile corner block in Lakemba offering rental income, development potential, and excellent location proximity to parks, mosques, and future transport links.

🏡 Property Highlights

  • Prime corner block in Lakemba with strong future development potential
  • Currently rented at $585 per week with room to increase
  • Ample living space on a generous 417.4sqm block
  • Convenient location opposite Parry Park and close to Lakemba Mosque
  • Proximity to upcoming Metro Station enhances future connectivity
  • Potential for complete renovation or demolition to maximise value

✨ Key Features

  • Side access to the backyard
  • Onsite caravan space
  • Original kitchen and bathroom
  • Land size of 417.4sqm
  • Zoning: R4 High Density Residential
  • Corner block location
  • Long-term tenants in place
  • Close to public transport
  • Ample living space
  • Potential for redevelopment

Lakemba is a vibrant suburb renowned for its diverse community, excellent amenities, and strong transport links. Key features include proximity to parks, mosques, and upcoming metro infrastructure, making it ideal for both families and investors seeking growth opportunities.

What are the potential uses for this property given its zoning and location?
The property is zoned R4 High Density Residential, offering potential for redevelopment, renovation, or continued rental use, subject to council approval.
Is there scope for future development or subdivision on this land?
Yes, the R4 zoning and corner block position provide opportunities for development or subdivision, pending local council regulations and approvals.
What is the condition of the existing home, and can it be renovated?
The home features original kitchen and bathroom, and while it may require renovation, it offers a solid base for upgrades or redevelopment.
Are there any restrictions or covenants affecting the property?
The property is subject to local council zoning regulations; specific restrictions should be confirmed through due diligence with the local council.
What are the nearby amenities and transport options?
The property is conveniently located opposite Parry Park, 150m from Lakemba Mosque, and 1.1km from Lakemba Station, with future Metro access planned.
Are there any planning or development approvals required for renovation or subdivision? Are there any easements, covenants, or restrictions on the land that could affect future use? What are the potential costs involved in renovating or demolishing the existing structure? Is there any history of flooding, bushfire risk, or other environmental hazards on the property? Are there any upcoming council or community developments that could impact the property’s value or use?

534 Punchbowl Road, Lakemba, NSW 2195 - More Details

Awaiting Price Guide

Undoubtedly one of Lakemba’s most sought after corner blocks occupied by a 2-3 bedroom family home. This home may lend itself to a complete renovation or demolition, alternatively make the most of the existing long term tenants who are happy to remain if required.

· 2-3 bedroom fibro/tile home
· Ample living space
· Original kitchen and bathroom
· Side access to the back yard with an onsite caravan
· Land: 12.30 IRR/11.41 X 36.97/34.75 Area: 417.4sqm, Zoning: R4 High Density Residential
· Rented at $585 pw (room to increase)

Conveniently located directly opposite Parry Park and only 150m to Lakemba Mosque. Lakemba Station (soon to be Metro Station) is only 1.1km away. This opportunity to combine immediate rental income with strong future potential is too good to be missed.

All precaution has been taken to determine the accuracy of the above information however, all interested parties are to rely on their own inquiries and professional advice.

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1
House Size
417.4 m²

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