For Sale $599,000
This property offers convenience, space, and potential for future growth. With low strata levies and good rental returns, it could be a great start or a valuable addition to your property portfolio. Seize the chance to own a prime piece of real estate in Parramatta, one of the most in-demand areas. Situated in a small unit block of six on a large parcel of land, this property offers exceptional redevelopment potential (STCA). With an affordable strata levy and favourable zoning, this is an opportunity not to be missed.
Located within a short stroll to Westfield Shoppingtown, railway stations, bus interchange hub, Light Rail and Sydney Metro (under construction), parks, schools, trendy restaurants, vibrant eateries, and nearby one of the largest urban renewal projects in Australia - Parramatta Square, a world-class civic centre. It features:
- Versatile partitioned lounge and dining area, perfect for conversion into a guest bedroom or study/office
- Both bedrooms have windows, and the main bedroom features built-in wardrobes
- Generously sized kitchen featuring ample storage space
- Full-size bathroom with a bathtub and a window
- Floorboards throughout and a large undercover balcony
- Air conditioning and internal laundry
- Lock-up garage with undercover access to the property
Approximate outgoings:
Strata: $887 per quarter
Council: $326 per quarter
Water: $180 per quarter
Investors take note:
Land Zoning: MU1 - Mixed Use (pub. 3-3-2023)
"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."
Gound Floor, 31-39 Macquarie Street, Parramatta NSW 2150
+61 (2) 9891 3333
VIKRAM JEET
+61 410702001
