31 Parry Avenue, NARWEE NSW 2209

$3,650,000
Property Details

31 Parry Avenue, NARWEE NSW 2209

$3,650,000
Description

MULTIPLE INCOME OPPORTUNITY YOU DON'T WANT TO MISS! 1st TIME OFFERED IN 50 YEARS

Block Of Units - NARWEE NSW

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.

Property Features
  • Block Of Units
  • 16 bed
  • 8 bath
  • Land is 841 m²
Anthony Rees
0400 480 088
02 4655 3322
David May
0434 627 022
02 4655 3322
Background

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