1-4/149 Parramatta Road

Haberfield NSW 2045

Block of units

Currently for sale - view listing

Overview

Entire Block of 4 Apartments - 4.9% Gross Return (approx)

Set on a prominent parkfront site opposite Ashfield Park, this entire block of 4 apartments presents an exceptional investment opportunity with strong holding income and future upside (STCA). The property is securely leased to an accommodation operator who has fully renovated and furnished the apartments, managing all day-to-day operations and upkeep. Positioned along the high-exposure Parramatta Road corridor in the heart of Haberfield, the asset benefits from excellent connectivity, strong tenant demand and long-term redevelopment potential within the E3 zoning. • Entire block of 4 apartments with parking • Securely leased to established operator managing furnishing, upkeep and operations • Excellent value-add potential via rental uplift, strata subdivision or redevelopment (STCA) • Opposite Ashfield Park with easy access to transport, major arterials and local amenities • Currently returning $195,000pa Ray White Double Bay - Exceptional Living Begins Here Our recommended loan broker https://broker.loanmarket.com.au/DOUBLE-BAY