7/42 Colin Street, Lakemba

Positioned on the top floor of a well-maintained boutique block of just eight residences, this light-filled retro apartment presents an outstanding opportunity for first home buyers and savvy investors seeking comfort, convenience and long-term potential.

Enjoying an abundance of natural light, the home features a spacious open plan living and dining area complemented by parquetry timber floors throughout. The neat and functional kitchen offers ample storage, while the bathroom is well maintained and adds to the apartment's character. The generous bedroom is well proportioned and filled with natural light, while a registered car space on title completes the package.

Perfectly positioned in one of Lakemba's most convenient pockets, this apartment is approximately a five-minute walk (750 metres) from the upcoming Lakemba Metro Station and just moments from Wiley Park Station, Woolworths, Haldon Street's vibrant shopping and dining precinct, Parry Park, and a host of local schools and everyday amenities.

Strata levies: $1726.87 per quarter approx.
Council rates: $429.00 per quarter approx.
Water rates: $226.20 per quarter approx.

Internal size: 45sqm
Total size: 58sqm
Potential rental return: $440.00 per week