Substantial Opportunity

Rahat Ferdaus from Ray white AusBan Group acting as an exclusive selling agent and very delighted to present for sale the most iconic commercial property located in 194-198 Lakemba St, Lakemba. A three level commercial building which has recently been refurbished and presented to the market for EOI - Ending 5:00pm (24/08/2026 ) . With endless opportunity for Hi Rise development (S.T.C.A) under the new T.O.D (Transport Oriented Development Program NSW.
A Stone throw away Location from the METRO station & Lakemba Shopping precinct.

Lakemba is a major inner west growth suburb within Metropolitan Sydney and this property is located in a commanding a prominent corner location in the heart of Lakemba with an extensive frontage to Lakemba St & Croydon St, this freestanding commercial building which was built in the 1990's consists of two commercial floors and secure basement car parking for 64 cars will be one of the most sought after in 2026.
Majority of the building spaces are Currently leased with great annual rental income .

Located on the Eastern side of Lakemba St. Under 200m walking distance to Lakemba Metro Station.
11-12 kms* west of Sydney CBD and14-15 kms* south-east of Parramatta CBD. Close vicinity to all essential amenity.

The property will attract several buyers because of its many key attributes, including:

* Massive land size : 2461m2*
* Zoned E1 Local Centre
* 4 Star NABERS Energy Rating
* Net Lettable Area: 2,294sqm*
* Ideal for owner occupiers, investors & developers
* New Metro line will open soon between Bankstown - Sydenham

Act fast - opportunities like this are rare.
For inquiries, please contact Rahat Ferdaus on 0432 520 856 today.

Disclaimer:
All information contained herein is gathered from sources we deemed or believed to be reliable. Ray White Lakemba does not warrant the accuracy of the information and interested persons should rely wholly on their own inquiries. (*approximate)

Inspections

Explore the area

School catchments

Holy Spirit Catholic College Secondary 7-12 Catholic 0.36km
St Therese's Catholic Primary School Primary K-6 Catholic 0.39km
Hampden Park Public School Primary K-6 Government 0.44km
Rissalah College Combined K-12 Independent 0.49km
Al-Faisal College - Lakemba Primary Independent 0.58km
Lakemba Public School Primary K-6 Government 0.68km
Wiley Park Public School Primary K-6 Government 0.88km
Wiley Park Girls High School Secondary 7-12 Government 0.93km
Al Hikma College Primary K-6 Independent 1.0km
Belmore Boys High School Secondary 7-12 Government 1.3km
Belmore North Public School Primary K-6 Government 1.4km
St Joseph's Catholic Primary School Primary K-6 Catholic 1.4km
All Saints Grammar Junior School Primary Independent 1.6km
St Charbel's College Combined K-12 Independent 1.7km
Belmore South Public School Primary K-6 Government 1.8km
Greenacre Public School Primary K-6 Government 1.8km
Holy Saviour School Primary K-6 Independent 1.9km
McCallums Hill Public School Primary K-6 Government 2.0km
Al Sadiq College Combined K-12 Independent 2.0km
Punchbowl Boys High School Secondary 7-12 Government 2.1km
All Saints Grammar Secondary K-12 Independent 2.2km
Al Noori Muslim School - Senior Campus Secondary Independent 2.5km
Kingsgrove North High School Secondary 7-12 Government 2.7km
Australian International Academy, Sydney, Strathfield Campus Combined K-12 Independent 3.2km
Greenacre Christian College Combined K-12 Independent 3.2km
Beverly Hills Girls High School Secondary 6-12 Government 3.2km
St Euphemia College Combined K-12 Independent 3.3km
Malek Fahd Islamic School Combined K-12 Independent 3.4km

Nearest schools, measured in a straight line from the property. Provided as a guide only; check catchment and enrolment eligibility with the school. School data © ACARA, licensed under CC BY 4.0.

Find out how much home loan repayments will be

It’s important to understand repayment amounts before you apply for a home loan. A Loan Market broker can compare over 100 lenders to find the right loan for you. Use the Loan Market calculator to get a better indication of repayments.

Loan Market Pty Ltd | Australian Credit Licence 390222. All interest rates stated must include "p.a." and the relevant Comparison Rate in full.