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10 Macdonald Street Lakemba, NSW 2195


10 Macdonald Street,
Lakemba, NSW 2195


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New age boarding house-blue chip investment in prime location

Get straight down to business and start collecting with this modern, stylish complex of 21 studio rooms generating a fantastic return in one Sydney’s most ‘in-demand’ locations.

Well-appointed throughout, fully furnished and occupied, the complex has good security, basement parking and is located only minutes walk to Lakemba train station, shopping precinct and multiple Schooling options.

With many quality features some standout ones include:

-Fully self-contained studio’s comprising 11 Double-sized rooms and 10 singles(most with courtyards or balconies).
-Currently generating $367,588 GAR.
-All rooms are fitted with ensemble Hotel-grade bedding, bar fridges, kitchenettes, ensuites and are Foxtel/internet/Tv ready
-Security Intercom entrance and parking for 5 cars in the secure basement which can be accessed via a lift also
-Tranquil rear shared communal area with manicured gardens
-Well maintained interiors complimented by an ‘easy-to-maintain’ open plan layout
-Common laundry with coin operated washing machines and dryers
-Blue chip investment opportunity underpinned by strong rental demand bringing excellent growing rental returns

Situated a leisurely 500m stroll to Lakemba train station, shopping village and a selection of Schools, this rare offering is truly a blue chip opportunity for the astute investor.

AUCTION: Saturday 4th November on-site at 2pm(if not sold Prior)
INSPECT SATURDAYS: 1.30-2pm or by appointment
CONTACT: Chris Wilding 0401 334 7... or

Property ID: 504436268Last Updated: 10 Nov 2023

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10 Macdonald Street
Lakemba, NSW 2195
Ralph First Real Estate - The Ralph Team
Shop 11/61-67 Haldon Street
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