Representing outstanding value, this huge third floor dual-key opportunity delivers the ultimate combination of flexibility, convenience, and strong rental return in a highly sought-after pocket of Parramatta. Offering two fully self-contained residences, a large one-bedroom apartment and separate studio apartment, this unique property is a perfect opportunity for investors chasing high yield or a first home buyer looking to offset their mortgage with immediate rental income. With a potential rental income of $980 per week and a 7.5% gross rental yield this will not last long.
Property features:
-Large 1-bedroom unit:
-Spacious bedroom with built-in
-Open plan living and dining space
-Modern bathroom
-Large kitchen
-Secure basement parking with storage cage
-Currently leased for: $550pw
-Rental potential: $600pw
Spacious studio:
-Kitchenette
-Light filled bedroom
-Clever storage options
-Modern bathroom
-Currently leased for: $365pw
-Rental potential: $380pw
-Combined rental potential of $980pw
-Currently returning $915pw
-Secure parking
-Well-maintained complex
-105m2 in total
-87m2 internal
Location:
-500m to Bus Stop
-1km to Western Sydney University
-1.6km to Doyle Ground
-2.2km to Parra Square and
-2.3km to Westfield Parramatta
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