Discover an exceptional investment opportunity at 24 Albion Street, Harris Park! This prime property, set on two lots with a land size of approximately 569 m², boasts strong rental returns with two tenants already in place. It offers the perfect blend of residential comfort and commercial potential (subject to council approval). Whether you're looking for a solid investment with excellent rental income or a versatile property in a highly sought-after location, this is an ideal opportunity for investors, developers, and small to midsize businesses.
Situated in the heart of vibrant Harris Park, this property is just minutes from the Parramatta CBD and all local amenities, including railway stations, Westfield Shoppingtown, parks, reputable schools, trendy restaurants, cafes, the Light Rail and Sydney Metro (under construction), and one of the largest urban renewal projects in Australia-Parramatta Square, a world-class civic centre.
It features:
Front Dwelling:
- 4 spacious rooms with built-in wardrobes
- High ornate ceilings
- 2 stunning bathrooms
- Large eat-in kitchen
- Extra-large living and dining area
- Floorboards throughout
- 5 split-system air conditioners
- Leased
Rear Area:
- Rear-lane access
- Leased
Current Tenancy Details:
Tenant 1 Rent:$6,016.75 per month
Tenant 2 Rent:$5,775.00 per month
Total monthly rental income:$11,791.75 (inc. GST)
or $2,721 per week.
Please refer to the lease agreement attached to the contract for further clarification.
This property represents a fantastic opportunity in a desirable location. Don't miss out on this chance to make this property your own. For more information, please contact 0424 566 699.
"Ray White Parramatta Group - Parramatta | Oatlands | Northmead | Greystanes, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."
▶
