9A Factory Street, North Parramatta, NSW 2151

Presenting an exceptional opportunity for savvy investors, this eleven-unit complex is ideally positioned just north of the Parramatta CBD. Set within walking distance of local schools, parks, and the vibrant city centre, this property offers the perfect blend of convenience and potential.

•Expansive 1,255m² landholding with dual street frontage and a desirable North-East orientation
•Eleven spacious two-bedroom units featuring light-filled, open-plan living areas
•Currently generating a rental income of $172,000 per annum, with potential for increased returns
•A prime opportunity to capitalise on increasing housing demand and migration
•Twelve lock-up garages and Two visitor parking spaces
•Low-maintenance grounds with ample street parking available
•Close to St. Patrick's Primary School, OLMC, Parramatta Park, CommBank Stadium, and Westfield Parramatta
•Easy access to the Great Western Highway, Victoria Road, and the M4
•A smart choice for investors, SMSF buyers, and developers looking for future development potential (subject to council approval)
•Just 40 meters from the Benaud Oval Light Rail Station
•Located on a highly sought-after, tree-lined street in a peaceful neighbourhood
•First time on the market in over 40 years, built circa 1981

This property is for sale via Expressions of Interest closing on Thursday 17 October 2024 at 4PM.

For further information or to arrange an inspection, please contact the exclusive selling agents.