$5,500,000
37 Crown Street Granville / Parramatta ( located right on the boundary ).
Fantastic opportunity to own this block of 14 x 2 bedroom units. This block is strata title, great option to re-sell the units individually for a great return. Very low vacancy rates.
Spacious sunny light-filled interiors. Large floor plans. Large kitchens, spacious lounge & dining. All units have internal laundries, security intercom & balconies.
Most units have been renovated. This well maintained property was built in 1983.
• 13 Lock up garages + 1 undercover car space ( can be closed to be a garage)
• 6 visitor car spaces - plenty of room for a lot more.
This is a great opportunity for the astute investor with scope to update, renovate, increase rents & capitalise.
• Great option to re-sell the units individually for a high return.
• Current annual rental income: $ 280,000 per annum. Plenty of room to increase rents for a better return.
• Strata Titled 14 x 2 bedroom units all with lock up garages.
• Three levels above garages, double brick construction
• Land size 2,200 m2 ( approx ) Frontage: 46m
Quiet convenient location. Only 25 minutes' walk to Parramatta Station, Westfield Shopping & City Centre. Only 15 minutes' walk to Merrylands rail Station and Stocklands Shopping. Easy walk to Parramatta Park & the parramatta river for great walks, picnics, and bike rides. Walk to RiverCat Ferry Terminal, vibrant cafes & restaurants, schools & parks. Quick access to the Great Western Highway and M4. Easy access to Westmead's medical district.
Further details or to organise an inspection call ...
D&D REAL ESTATE: 9687 6555
DIRECT: Azzam Derbas 0418 467 500 or Kareem Derbas 0408 038 777
Walk to Parramatta Square- the largest urban renewal projects in Australia, a World-Class Civic Centre.
Invest in Parramatta City and be rewarded, this city is undergoing unprecedented growth & development. Including currently under construction:
- Parramatta Square - a World-Class Civic Centre Click here: https://www.cityofparramatta.nsw.gov.au/vision/parramatta-square
- Light Rail project Click here: https://www.parramattalightrail.nsw.gov.au/
- Powerhouse Museum Parramatta. River Click here: https://www.maas.museum/new-powerhouse/
Powerhouse Parramatta is the largest investment in cultural infrastructure since the Sydney Opera House and will be the first NSW State Cultural Institution to call Western Sydney home. Featuring over 18,000 square meters of museum exhibition and public spaces,
26 George Street, Parramatta NSW 2150
AZZAM DERBAS
0418467500
KAREEM DERBAS
0405070117