MULTIPLE INCOME OPPORTUNITY YOU DON'T WANT TO MISS! 1st TIME OFFERED IN 50 YEARS
Inglis Property Macarthur are proud to present to the market 31 Parry Avenue, Narwee. This is your chance to secure a two-storey freehold residential unit block consisting of eight units located in the heart of Narwee. R3 Medium Density Residential zoning providing multiple opportunities (S.T.C.A). With 8 individual units this is an ideal opportunity for Investors, developers, or superannuation funds.
The property is currently Freehold title; however, the opportunity presents to Strata the complex & sell individually if you wish (S.T.C.A). On a fully leased basis, an expected approx. rental return would be circa $142,000 – $150,000 (p/a) based on current market evidence.
Located within close proximity of train Station (350m), shops, schools, parklands, only a 14.2km train ride to Sydney CBD & excellent access to the M5 on ramp (1km).
The property provides great bones, being double brick construction & in excellent condition with significant building upgrades already completed for your benefit & ease of future maintenance.
Features of each unit include:
• 2 bedrooms
• Well laid out floor plan
• Off street parking
• Common laundry between tenancies
• Majority of units being freshly painted with new carpet
• Balcony to most units
Call Exclusive Agents Anthony Rees 0400 480 088 or David May 0434 627 022 for more information or to arrange a private inspection.
- Land is 841m²
Location
