1/55 Colin Street, Lakemba, NSW 2195

$540,000

Unit
Type
2
Bedrooms
1
Bathrooms
1
Parkings
80 m²
Area

Last updated on Wednesday, June 17, 2026 ( See property details for 1/55 Colin Street, Lakemba, NSW 2195)

$540,000

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

A modern, renovated ground floor unit in Lakemba offering spacious living, a private balcony, and secure parking, perfect as a first home or investment.

🏡 Property Highlights

  • Modern, renovated eat-in-kitchen with stainless steel appliances
  • Spacious ground floor unit with a clever layout
  • Balcony off the main bedroom for outdoor living
  • Lock-up garage for secure parking
  • Prime location near vibrant cafes, restaurants, and train station
  • Currently rented at $550 per week, ideal for investors

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Balcony
  • Garage
  • Open-Plan Living
  • Internal Laundry
  • Ensuite
  • Fly Screens
  • Security Screens / Gates
  • Waterfront / Views

Lakemba is a vibrant suburb renowned for its diverse community, excellent transport links, and a variety of cafes and restaurants. It offers convenient access to local schools and is just minutes from the upcoming Metro Line. The area boasts a friendly atmosphere, abundant amenities, and a strong rental market, making it an ideal location for both homeowners and investors.

What are the ongoing strata costs and what do they include?
The strata fees are approximately $1,046 per quarter, covering building maintenance, insurance, and common area expenses.
Is the property suitable for first-time buyers or investors?
Yes, the property’s modern features, rental income potential, and convenient location make it ideal for both first-home buyers and investors.
What is the condition of the property and recent renovations?
The unit has been recently renovated, including a modern eat-in-kitchen with stainless steel appliances and a contemporary bathroom with floor-to-ceiling tiles.
Are there any upcoming developments or plans in the area?
The suburb is close to the soon-to-be-completed Metro Line, enhancing transport connectivity and future growth prospects.
What amenities are nearby?
The property is minutes from vibrant Haldon Street cafes and restaurants, local schools, and the train station, providing excellent convenience.
Are there any upcoming or ongoing strata fee increases or special levies? Are there any planning or development applications nearby that could affect the property? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any restrictions or easements on the property that could impact future renovations? What is the condition of the building’s structure and common areas? Are there any noise or nuisance issues from neighboring properties? Is the property compliant with all local building codes and regulations? Are there any planned infrastructure projects that might affect the area’s livability? What are the terms of the current lease, and is there scope for future rental increases? Are there any strata or community management issues or disputes?

1/55 Colin Street, Lakemba, NSW 2195 - More Details

$540,000

Type
Unit
Bedrooms
2
Bathrooms
1
Parkings
1
Area
80 m²

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