187 -189 Parramatta Road, Camperdown

Stone Commercial & Colliers are excited to offer 187-191 Parramatta Road, Camperdown to market for sale via Expressions of Interest closing 3:00pm Thursday, 6 March 2025. Key investment highlights: - Connected 423.7m²* corner site - Vast boundaries showcasing outstanding natural light - Diverse income stream with 64 Studio apartments, 1 retail shop and a billboard - Gross passing income below market rent at $1,100,000 per annum ($280 per week per studio) - Gross market income below market estimated at $1,360,000+ per annum ($340 per week per studio) - Ability to leverage the burgeoning rental market that increased 19.99% since January 2022** with a sharp 1.8%** vacancy rate - Strong positioning within the tightly held Inner Western suburb of Camperdown - Exclusive pocket within Camperdown, only 4.4km* to the Sydney CBD *approximately ** According to the Domain Rent Report For further information don't hesitate to contact the exclusive selling agents.