This boutique block of 8 x 2 bedroom apartments with parking presents a fantastic opportunity for astute investors, developers and SMSF buyers. Positioned in Wiley Park precinct conveniently located just moments to Wiley Park Train Station, Parry Park, shops, cafes and a myriad of amenities. Nearby M4 & M5 motorways links you to both Sydney CBD & Parramatta CBD.
This excellent opportunity is set on a generous 901 sqm (approx.) parcel of land with a 20m (approx.) frontage, and also offers R4 Zoning in a prominent locale.
With potential for strong rent returns, this special investment is one that should not be missed!
Property Highlights:
• Entire complex of 8 apartments with parking, offered for sale in one line
• Set on 901sqm approx. with 20m approx. frontage
• Zoned: R4 High Density Residential
• 4 lock up garages and 4 car spaces
• All apartments have internal laundry and balcony
• 2 garden apartments
• Near M4 & M5 motorways situated between Sydney CBD & Parramatta CBD
• Gross Annual Return: $107,120, ability to increase rentals for greater return
• Low maintenance boutique block