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Under Contract
Investment Opportunity: Charming 2-Bedroom Property in Parramatta
Investors, seize this rare opportunity to acquire a 2-bedroom, 1-bathroom property in the vibrant suburb of Parramatta. This is an excellent chance to expand your portfolio with a property that offers the best of inner city living.
Property Highlights:
• Prime Location - Situated in the heart of Parramatta, one of Sydney's most sought-after suburbs. This location offers convenient access to a plethora of amenities including shopping centres, parks, schools, and public transport.
• Modern Living - The property features a contemporary open plan living area, two spacious bedrooms, and a sleek bathroom. It is designed to maximize natural light, creating a bright and inviting space.
• Quality Construction - Built with high-quality materials and finishes, this property is designed to stand the test of time. It offers low maintenance living, making it an ideal investment property.
• Strong Rental Demand - Parramatta's strong rental market promises a high occupancy rate. The suburb's popularity among professionals, families, and students ensures a steady stream of potential tenants.
• Current rental return of $450 Per/Week
• Capital Growth Potential - Parramatta has experienced significant growth over the past few years. With ongoing infrastructure developments in the area, the property's value is set to increase further.
• Inner City Living - Enjoy the convenience and excitement of inner city living. Parramatta offers a vibrant lifestyle with its diverse dining scene, cultural events, and leisure facilities.
Outgoings:
Water Rates - $170 Approximately
Council Rates - $206 Approximately
Strata Rates - $860 Approximately
For investors seeking a reliable income stream and capital growth, this 2-bedroom property in Parramatta represents an excellent opportunity. Contact us today to arrange a viewing and see firsthand the potential this property offers.
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