11/22 Tennyson Street, Parramatta, NSW, 2150

For Sale

11/22 Tennyson Street, Parramatta, NSW, 2150

105 m²

Apartment

•

30+ days on the market

What's around 11/22 Tennyson Street

Dual-Key Apartment Dual Income 7.5% Gross Return

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