1/1 Wangee RoadLakemba NSW 2195
Property Details for 1/1 Wangee Rd, Lakemba
1/1 Wangee Rd, Lakemba is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 786m2 and floor size of 40m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Lakemba in the last 12 months.
Last Listing description (July 2022)
Here is your chance to secure an outstanding investment property, in what is becoming very rare you can purchase this boutique block of 8 units with the bonus of secure leases in place with Land and Housing NSW.
The block is made up of 6 x 2 bedroom units and 2 x 1 bedroom units, lock up garage's/car spaces and dual access from the front and rear of the complex. Sitting on 720sqm with R3 zoning the upside potential is tremendous.
Located only 400m from Lakemba station, across the road from Woolworths and walking distance to local schools, places of worship and parklands this truly is a blue-ribbon address.
Features Include:
-Entire block to be sold in one line
-Strata titled
-Secure leases until November 2024 with Land and Housing NSW
-6 x 2 bedrooms
-2 x 1 bedrooms
-4 units with lock up garage, 4 with car spaces
-Internal laundries
-All units with balconies
-Current income $145,000 p/a approx.
Property History for 1/1 Wangee Rd, Lakemba, NSW 2195
- 16 Dec 2025Sold for $437,500
- 01 Jul 2022Sold for $340,000
- 05 Apr 2022Listed for Sale Under Contract
Recent sales nearby
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About Lakemba 2195
The size of Lakemba is approximately 2.2 square kilometres. There are 11 parks, covering nearly 6.7% of the total area. The population of Lakemba in 2016 was 17023 people. By 2021 the population was 17092 showing a population growth of 0.4% in the area during that time. The predominant age group in Lakemba is 30-39 years. Households in Lakemba are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lakemba work in a professional occupation.In 2021, 38.60% of the homes in Lakemba were owner-occupied compared with 39.10% in 2016.
Lakemba has 7,389 properties. Over the last 5 years, Houses in Lakemba have seen a 35.29% increase in median value, while Units have seen a 31.68% increase. As at 30 June 2026:
- The median value for Houses in Lakemba is $1,413,551 while the median value for Units is $564,295.
- Houses have a median rent of $800 while Units have a median rent of $550.
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