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1 Grace Avenue, Lakemba, NSW 2195 For Sale
1 Grace Avenue, Lakemba, NSW 2195 1 Grace Avenue, Lakemba, NSW 2195-Image 1 Grace Avenue, Lakemba, NSW 2195-Image 1 Grace Avenue, Lakemba, NSW 2195-Image 1 Grace Avenue, Lakemba, NSW 2195-Floorplan

1 Grace Avenue, Lakemba, NSW 2195

$1,649,000

Unit
Type
4
Bedrooms
2
Bathrooms

Published on Thursday, May 14, 2026 ( See property details for 1 Grace Avenue, Lakemba, NSW 2195)

$1,649,000

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

A versatile property in a prime Lakemba location offering development potential, spacious living, and excellent amenities.

🏡 Property Highlights

  • Prime location just 100m from Lakemba’s vibrant Haldon Street dining precinct
  • Potential for city views from an elevated street position
  • Large 442.6 sqm level block offering development flexibility
  • Includes a detached studio with versatile potential
  • Secure off-street parking for added convenience
  • Opportunity to renovate, rebuild, or develop (STCA)

✨ Key Features

  • Bedrooms
  • Bathrooms
  • Detached studio
  • Secure Parking
  • Open-Plan Living
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Low-Maintenance Yard

Lakemba is a vibrant, multicultural suburb renowned for its diverse dining options and community atmosphere. It offers excellent transport links, including upcoming metro access, making it ideal for families and investors alike. The area features a mix of established homes and development opportunities, all within close proximity to local amenities and parks. Its elevated streets may provide scenic city views, adding to its appeal. Lakemba’s strong community vibe and convenient location make it a highly sought-after place to live and invest.

What are the potential uses for the detached studio?
The detached studio offers versatile options such as a home office, guest accommodation, or additional rental space, subject to council approval.
Is there scope for renovation or redevelopment?
Yes, the property presents an excellent opportunity for renovation or redevelopment (STCA), with potential to rebuild or enhance the existing structure.
What are the nearby amenities and transport options?
The property is conveniently located near Lakemba’s vibrant Haldon Street dining precinct and is between Lakemba and Belmore Train Stations, with the upcoming Metro Line enhancing connectivity.
Are there any city views from the property?
The elevated street position potentially offers city views, adding to the property's appeal.
What is the size of the land and its development potential?
The property sits on a large 442.6 sqm level block, providing ample space for renovation, extension, or new development (STCA).
Are there any existing planning restrictions or easements on the property that could affect redevelopment plans? Has the property been inspected for structural issues or potential defects? Are there any upcoming zoning changes or local council developments that could impact the property's value? Is there any history of flooding or bushfire risk in this elevated area? Are there any strata or community title considerations, or is it freehold land? What are the council rates and any additional costs associated with development or renovation? Are there any planning or building approvals required for potential rebuilds or extensions? Is there any ongoing or planned construction nearby that could affect the property’s value or living conditions? Are there any restrictions on the use of the detached studio or other structures? What are the long-term plans for the surrounding neighbourhood and infrastructure improvements?

1 Grace Avenue, Lakemba, NSW 2195 - More Details

$1,649,000

Nestled in a tightly held enclave, 1 Grace Avenue is only 100m from Lakemba’s vibrant Haldon Street offering an oversized home and a detached studio oozing potential.

Perched on an almost level 442.6 sqm block, the home features:

- 4 Bedrooms
- Ample living space
- 2 bathrooms
- Detached studio
- Secure off street parking.

This real estate presents a unique opportunity for savvy buyers looking for a project with scope to renovate and capitalise or knock down and re build.(STCA)

Location is the clear stand out for this property. Set on an elevated street, potentially offering city views whilst having the convenience of Lakemba’s famous multi-cultural dining strip almost at the end of the street.

Conveniently located between Lakemba and Belmore Train Stations (Soon to be completed Metro Line) This site is considered Prime Real Estate.

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
Unit
Bedrooms
4
Bathrooms
2
House Size
442.6 m²

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