Discover a prime investment opportunity at 131 Croydon Street, Lakemba. This strategically located block of land, zoned R4, currently generates a substantial rental return of approx. $76,000 per annum. Situated in a highly sought-after area, the property is poised for future re-zoning to accommodate high-rise development, offering immense potential for significant capital growth. With its current strong rental income and promising future prospects, this site is a standout choice for astute investors seeking both immediate returns and long-term value. > R4 ZONING!! > CDC drawings & plans for granny flat ready to go!! > 7 Decent sized bedrooms > 2 Bathrooms > 2 Kitchen & dining areas > 10 Min walk to Lakemba train station. > 5 Min walk to Lakemba's famous Haldon St > 270m to Al Hikma College > 600m to Holy Spirit Catholic College Conveniently situated near schools, Lakemba train station, and Lakemba shops, this property promises both convenience and potential. DISCLAIMER: Sari Estate Group has made every effort to obtain the information regarding these listings from sources deemed reliable. However, we cannot guarantee its accuracy and interested persons should rely on their own enquiries. The video is for reference only, mainly based on actual viewing.
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