85 Macdonald St, Lakemba is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 424m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
A rare opportunity to purchase this parcel of land in one of Lakemba's most prestige's streets. Zoned R4 and on approximately 420 square meters the property has endless potential to redevelop, build your dream home, or renovate to your taste (stca).
* Tightly held by the same owner since 1968, first time offered in 52 years.
* Zoned R4, land size 10.3m x 41.2m, total 424sqm (all approximates)
* Endless opportunities - knock down rebuild, renovate, redevelop (stca)
* Land value very affordable, enjoy the gains at completion of your project
* Great location handy to both Lakemba and Wiley Park amenities
Often sought, seldom found, this is a golden opportunity not to be missed.
Property Size: Total 420sqm Approx.
Details: Peter Kassas - 0404 003 320
Francois Vassiliades - 0400 131 415
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 7,381 properties. Over the last 5 years, Houses in Lakemba have seen a 42.65% increase in median value, while Units have seen a 32.80% increase. As at 31 May 2026:
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