Property Details: • Type: Block of Units
• Bedrooms: 12 • Bathrooms: 6
Description: 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
