The key highlights of this opportunity include:
- Rare AAA+ North Parramatta whole block of 6 2-bedroom apartments
- Providing passing rental income of $165,319.96 per annum.
- Large street frontage with landholding of 903.4 sqm approx.
- Street frontage of 30 metres approx.
- Potential for strata conversion or development site (STCA)
- Underutilized land ideal for residential development play (STCA)
- Enormous potential for value add and rental uplift through leasing of existing apartments
- Building configuration includes 6 x 2-bedroom over two levels, 6 -on site car parking spaces
- All Apartments are renovated and air conditioned
- Located close to Kings School, Tara Anglican Schools plus other educational universities and institutes.
- Bus stop within easy walk, providing access into Parramatta CBD and transport interchange
For Sale by private treaty negotiation.
Inspections are as advertised or by appointment
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