54-56 Joseph St, Lidcombe is a 0 bedroom, 0 bathroom House with 1 parking spaces and was built in 2009. The property has a land size of 892m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
This exceptionally well-located site represents an outstanding opportunity to build a brand-new development in the inner west's fast growing property market.
Complete with DA approved architect plans for a 10-storey 48 apartment complex with street level 2 retail spaces and basement parking, these two adjoining properties offer developers enormous scope to create a designer lifestyle address within the vibrant Lidcombe precinct.
All planning approval and expenses have been taken care of and demolition is now ready to commence.
- A prime position that's located right in the heart of Lidcombe
- Approved residential/commercial development with architect plans available
- DA approval for a designer complex of 48 units and 2 retail outlets
- Three-level basement car park and security lift access to each floor
- A choice of 1, 2 and 3-bedroom units, each with private balconies
- The existing properties are currently in good lettable condition
- Both properties are currently tenanted and earning immediate income
- Easy walking distance to the train station, and major shopping amenities
Agent: Lambros Markessinis 0407 788 777 - Time Realty
Co-Agent: Victor Soo 0411 819 899 - Massive Link Properties
**All information in this document has been gathered from various third-party sources we believe to be reliable; however, we cannot guarantee its accuracy, and we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers are advised to carry out their own investigations and rely on their own inquiries.
The size of Lidcombe is approximately 6.8 square kilometres. There are 30 parks, covering nearly 6.9% of the total area. The population of Lidcombe in 2016 was 19627 people. By 2021 the population was 23663 showing a population growth of 20.6% in the area during that time. The predominant age group in Lidcombe is 20-29 years. Households in Lidcombe are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lidcombe work in a professional occupation.In 2021, 53.10% of the homes in Lidcombe were owner-occupied compared with 55.90% in 2016.
Lidcombe has 12,100 properties. Over the last 5 years, Houses in Lidcombe have seen a 44.24% increase in median value, while Units have seen a 12.14% increase. As at 30 June 2026:
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