Property Details
• Site area: 2,738 m2 approx;
• Fully leased: $595,000 pa gross income approx;
• Whole complex: 17 properties - mixture of 8 x 3 bedroom townhouses; 3 x 3 bedroom villas; 5 x 2 bedroom townhouses & 1 x 5 bedroom house with air conditioning, gas cooking, good size courtyards & ample storage areas;
• Floor plans: Functional and efficient floor plans throughout with lovely courtyards and good size living areas - offering excellent presentation throughout;
• Outgoings: water / council / gardening - $95,000 pa approx;
• Maintenance: low maintenance complex;
• Financial: opportunity to capitalise on depreciation allowances and benefits;
• Carparking: 17 under cover security basement parking plus visitors parking;
• Location: Highly sought after residential precinct on top of the hill in a quiet, convenient, tranquil and elevated location. Conveniently positioned close to Wentworthville strip shopping, Wentworthville train station and Pendle Hill along with being close to Westmead Hospital, University and major arterial roads. Good schools are all situated within a short distance making these properties highly desirable for young families in the rental market.
• Age: 6 years old approx;
• Strata potential: approved and registered for the future benefit of the new owner offering flexibility of immediate add value;
• Condition: The complex is extremely well presented and fastidiously maintained by the current owner;
• Opportunity: Rare opportunity to acquire in one line a safe secure and trophy residential investment asset;
DISCLAIMER: "All information contained herein is gathered from sources we believe to be reliable. However, R&W Parramatta cannot guarantee its accuracy and interested persons should rely on their own inquiries".
Land area
2738 sqm (approx)
Building size
2738 sqm (approx)