44 Residential Apartments in-one-line - Sydney’s South-West
On behalf of Receivers and Managers appointed, JLL is pleased to offer 44 residential apartments within 18 Marshall Street, Bankstown For Sale in-one-line by way of Expressions of Interest closing 4pm (AEDT) Tuesday 14th November 2023.
This is a rare opportunity to acquire 44 apartments within a modern block of 66 strata titled apartments, representing a majority 65.78%* unit entitlement.
Investment highlights include:
- Completed in 2017, all apartments feature generously sized balconies, secure basement parking, ducted air-conditioning, great natural light and lift access to each level
- Exceptional investment opportunity with strong occupancy levels, perfectly positioned for ongoing rental growth
- Gain immediate scale and exposure to Sydney’s booming residential leasing market
- Favourable residential rental market conditions are supported by record low vacancies, strong rental growth, record inbound migration and a lack of future apartment supply in the short to medium term
- Bankstown’s median apartment rental has experienced a staggering 17.5% increase in the last 12-months¹ however is a substantial 30%* lower than the Sydney median apartment rental²
- Featuring a diverse tenancy expiry profile providing options to value-add, hold and/or sell down individually
- Conveniently located within immediate proximity to a wealth of key amenity and employment hubs, 1.7km* from Bankstown-Lidcombe Hospital and 1.6km* from major shopping centre Bankstown Central
- Positioned only 1.2km* from Bankstown Train Station and easily accessible to major arterial roads Hume Highway & M5 Motorway, providing residents with seamless connectivity to Greater Sydney
- Strategic location with extensive major projects currently underway, including Sydney Metro City and Southwest line, Bankstown City Centre master plan and Bankstown Exchange which will bolster the precinct and further enhance accessibility, connectivity and productivity
* Approximate only
¹ Realestate.com.au
² SQM Research
18 Marshall Street, Bankstown is For Sale in-one-line by Expressions of Interest, closing 4pm (AEDT) Tuesday 14th November 2023.
All enquiries, access to the due diligence dataroom, information requests, inspection arrangements and lodgement of offers are to be directed to the exclusive selling agents.
