But central defender Alex Grant will be sidelined for their high-stakes derby against Western Sydney with concussion, while the Sky Blues are awaiting scans on the severity of Ben Garuccio's hamstring injury.
Lolley, 33, was among the form players in the league with four goals and two assists across his first seven games.
He then suffered a minor hamstring strain, and was rushed back before re-injuring the muscle and hasn't played since December 20.
While conceding his playing minutes on return will likely be limited, Lolley said he was ready to take on the Wanderers on Saturday.
"I feel raring to go ... the main thing was to not rush the situation and make sure I'm ready," he said on Tuesday.
"I feel great in terms of my physical condition. I kept myself really fit and feel really strong.
"Also, off the back of close to seven or eight weeks without a lot of minutes, it's probably not the time to try and push as much out of myself as possible.
"We'll see whether that is from the start or the bench. I'm sure it'll be limited in some respect."
Sydney FC coach Ufuk Talay said he expected Socceroo Al Hassan Toure (calf) to be available to face Adelaide on February 14 and Abel Walatee (groin) a bit after that.
He confirmed Sydney were appealing the length of Rhys Youlley's three-game ban for a dangerous tackle.
Sydney are licking their wounds after a comprehensive thumping on Monday, when they had a chance to leapfrog Auckland FC into top spot but instead slipped to fourth in the tightly contested A-League Men competition.
"I think it's the third time this season we've had an opportunity to go to top spot," Talay said.
"And every time we've had that opportunity, we haven't taken it, which is quite disappointing.
"Besides our back line and maybe Victor (Capuzano), we have a relatively young squad, some young players in there.
"It's not easy playing for Sydney FC. I think the jersey does carry a lot of weight, and they've got to live up to that expectation, but the only way they can live up to that weight is playing more games."
Talay stressed the club wouldn't go away from playing young players and building them up to sell them overseas.
"Look, it's not easy, because I have to ride it as a coach, because I'm judged on results at the end of the day," he said.
"But you need someone at the helm that's brave to do so and deal with these type of moments that you end up losing and not performing at your best.
"So what we do is we get back on the training park and we go again and try to get those boys to a level that they can perform consistently."