61 Sproule Street, Lakemba, NSW 2195

$1,750,000

House
Type
5
Bedrooms
5
Bathrooms
2
Parkings
683 m²
Area

Last updated on Monday, July 06, 2026 ( See property details for 61 Sproule Street, Lakemba, NSW 2195)

$1,750,000

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

A versatile 5-bedroom house on a large R4 zoned block with duplex potential, excellent location, and immediate rental income.

🏡 Property Highlights

  • Prime development potential with duplex and future redevelopment options (STCA)
  • High rental income generation providing immediate returns
  • Excellent location just 600 meters from upcoming metro station
  • Generous 683 m² land parcel with 14.8m frontage
  • Highly sought-after R4 High Density Residential zoning
  • Close to local amenities, transport, schools, and shopping precincts

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Outdoor Area
  • Garage
  • Air Conditioning
  • Ensuite
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready

Lakemba is a vibrant suburb renowned for its diverse community, excellent transport links, and strong growth prospects. Key features include easy access to train stations, a variety of shopping and dining options, and proximity to quality schools. The area offers a mix of established homes and development opportunities, making it ideal for investors and families alike.

What are the development possibilities for this property?
The property is zoned R4 High Density Residential and offers potential for duplex development or other future projects (STCA), making it suitable for investors and developers.
Is there existing rental income from the property?
Yes, the property currently generates high rental income, providing immediate returns while planning future development.
How close is the property to public transport?
The property is approximately 600 meters from the upcoming metro station, ensuring excellent connectivity.
What is the land size and frontage?
The land size is 683 square meters with a 14.8-meter frontage, offering ample space for development.
Are there any restrictions or approvals needed for redevelopment?
Development is subject to council approval and STCA (Subject To Council Approval) for duplex or other projects.
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 permits in place? What are the potential additional costs for development or subdivision? Is there any nearby construction or planned infrastructure that could impact the property? Are there any strata or community title considerations if subdivided or developed? What are the local council regulations regarding high-density development? Are there any known issues with the property's foundation or structure? Is the property compliant with all current building codes and standards? What are the ongoing costs associated with the property, including council rates and maintenance?

61 Sproule Street, Lakemba, NSW 2195 - More Details

$1,750,000

Positioned in a highly sought-after location, this exceptional property presents a rare opportunity for investors, developers, and builders alike. Set on a generous parcel of land, the site offers outstanding potential as a duplex site or future development site (STCA), making it an ideal addition to any growing portfolio.

Zoned R4 High Density Residential, the property unlocks a wide range of possibilities for redevelopment, allowing you to capitalise on the area's strong demand and continued growth. Whether you're looking to build or develop the potential here is undeniable.
Currently generating high rental income, the property provides immediate returns while you plan your next move. Its prime positioning ensures strong tenant appeal, with easy access to local amenities, transport, schools, and shopping precincts.
An outstanding opportunity combining income, location, and future potential — this is one not to be missed.

Features:
- 5 bedrooms, 2 with built in wardrobes
- R4 Zoned with duplex potential (STCA)
- Potential development site (STCA)
- 600 meters from the upcoming metro station
- Land size 683m2 with a 14.8m frontage

DISCLAIMER: While Wiseberry Bankstown Real Estate have taken all care in preparing this information and used their best endeavours to ensure that the information contained therein is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, inaccuracies or misstatements contained herein. Wiseberry Bankstown Real Estate urges prospective purchasers to make their own inquiries to verify the information contained herein.
Type
House
Bedrooms
5
Bathrooms
5
Parkings
2
Area
683 m²

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