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Back 3/22 Sheffield St
Off Market

3/22 Sheffield St

Merrylands NSW 2160

12
6
6
696 m²
Unit
Last sold for $442,500
Paulette GhalebPaulette Ghaleb, last sold this property on 16 December 2024 after -2 days on market.

Overview

SOLD AT AUCTION by Paulette Ghaleb 0408 888 810

Entire Block of Six Units in Prime Location A superb investment opportunity to acquire an entire block of units in a highly sought after position only metres from Stockland Mall, Railway Station, bus transport, cafes and eateries. Selling in one line, this north facing block is a rare find, offering six (6) x two (2) bedroom units, all with undercover parking, balcony and laundry. The property is strata registered with existing subdivision and would make an ideal value-add creation opportunity for investors or developers alike. Whether you are an investor or developer, this property delivers versatility and long-term potential. Leverage the favourable market conditions with strong rental demand and high rental yields. Unlock growth opportunities by renovating to increase rental returns or sell the units individually for a strong return. Notable features include: * 6 x 2 bedroom units * Three floor plan variations * Two-level walk-up building * Double brick construction * Representing potential income of $151,840 to $157,040 per annum * Site area - 696.85 sqm approx. * Strata registered and existing subdivision in place * Zoned R4 High Density Residential * All units with balconies, laundry & covered parking spaces * Low maintenance grounds * Only 600 metres approx. to the Railway Station & Stockland Mall * Minutes' drive to Parramatta CBD & Westmead Medical Precinct This is a rare opportunity to secure a premium asset in a thriving location with significant upside potential. Auction details: The property will be offered for Auction, onsite Tuesday 17th December 2024 at 6.00pm.

Features

12 bedrooms
6 bathrooms
6 carspaces
6 carport spaces
696 m² lot size
Unit

Estimated Value

We need at least 3 similar 12 bedroom units sold in Merrylands over the last 12 months.

Property history for 3/22 Sheffield St

2024
Sold
$442,500
16 Dec 2024 by Paulette Ghaleb, of LJHooker Merrylands | Parramatta | Granville | Guildford
2023
Rented
Undisclosed
Leased on 23 Jun 2023 by Stone Real Estate Parramatta
2023
Rented
Undisclosed
Leased on 05 Jan 2023 by Stone Real Estate Parramatta

Happy sellers in Merrylands

87%
87% of sellers in Merrylands reported that their sale price either exceeded or met their price expectations.

Merrylands stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 191 reviews in Merrylands over the last 12 months.

Local market activity for 12 bedroom units in Merrylands

Nearby agents

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Paulette Ghaleb

Paulette Ghaleb is an award winning recommended agent for Merrylands.  They have 42 local sales and collected 30 local reviews across the last 12 months.

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Daniel Starr

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Michael Azzi

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Matt Carpenter

Sellers who recommend Matt Carpenter have praised them for being clear communication, local expert, responsive, supportive, honest, reliable and friendly

  •   5   (638 reviews)
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