Entire Block of Six Units in Prime LocationA superb investment opportunity to acquire an entire block of units in a highly sought after position only metres from Stockland Mall, Railway Station, bus transport, cafes and eateries.Selling in one line, this north facing block is a rare find, offering six (6) x two (2) bedroom units, all with undercover parking, balcony and laundry.The property is strata registered with existing subdivision and would make an ideal value-add creation opportunity for investors or developers alike.Whether you are an investor or developer, this property delivers versatility and long-term potential.Leverage the favourable market conditions with strong rental demand and high rental yields.Unlock growth opportunities by renovating to increase rental returns or sell the units individually for a strong return. Notable features include:• 6 x 2 bedroom units• Three floor plan variations• Two-level walk-up building• Double brick construction• Representing potential income of $151,840 to $157,040 per annum • Site area - 696.85 sqm approx.• Strata registered and existing subdivision in place• Zoned R4 High Density Residential• All units with balconies, laundry & covered parking spaces• Low maintenance grounds• Only 600 metres approx. to the Railway Station & Stockland Mall • Minutes' drive to Parramatta CBD & Westmead Medical PrecinctThis is a rare opportunity to secure a premium asset in a thriving location with significant upside potential.Auction details:The property will be offered for Auction, onsite Tuesday 17th December 2024 at 6.00pm.
