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26 Marion Street, Parramatta, NSW, 2150

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26 Marion Street, Parramatta, NSW, 2150

Parramatta

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Sold Check
+10 Photos

26 Marion Street, Parramatta, NSW, 2150

Parramatta

SOLD
26 Marion Street, Parramatta, NSW, 2150

26 Marion Street, Parramatta, NSW, 2150

Properties / Sold / New South Wales / Parramatta
Tenanted Investment
Selling Method
EOI
Selling Details
PRICE GUIDE - $8,500,000
Land Area
549.50 m² (*approx)
Floor Area
1 m² (*approx)
Property Type
Other
Sub-type
Block of Units / Flats
Est. Income
$494,026 p/a
Zone
Land Zoning - MU1 Mixed Use
Show All
Receivers & Managers Appointed - Entire complex of 22 Dwellings
  • Strata registered for 22 lots
  • To be offered in one line
  • 650 metres to Parramatta Railway Station

On behalf of KordaMentha (Receivers and Managers Appointed) and RWC Western Sydney, are pleased to present Lots 1-22/ 26 Marion Street Parramatta for sale with guiding price of $8,500,000.00.

The property comprises of a nine (9) storey residential development containing 21 residential apartments completed in early 2020, and a retained cottage fronting Marion Street currently utilised for commercial purposes.

Strategically located in the thriving Parramatta CBD, ideal for investors looking for a diverse income stream or strata sell down groups. To be offered in one line, property is already strata registered.

Additional highlights of the property are outlined below:

• Apartment mix comprises of 18 x 1 bedroom and 3 x 1 bedroom + study

• To be offered in one line

• Strata registered for 22 lots

• Current passing income of $494,026* per annum

• Potential market rental of $676,200* per annum

• Ideal opportunity to capitalise on the current housing shortage & rising rental market

• High end finishes throughout with tiled living areas

• All units with balconies, dishwashers & split system air-conditioning

• 250* metres to Harris Park Railway Station

• 650* metres to Parramatta Railway Station

For more information, please contact the below exclusive selling agents.

Remember to mention you found this property on CommercialReady

Read More
Tenanted Investment
Tenanted Investment

26 Marion Street Investment Summary

Property Type
Other
Sub-type
Block of Units / Flats
Est. Income
$494,026 p/a
Land Area
549.50 m² (*approx)
Floor Area
1 m² (*approx)
Zone
Land Zoning - MU1 Mixed Use
Selling Method
EOI
Selling Details
PRICE GUIDE - $8,500,000

Investment Highlights

Receivers & Managers Appointed - Entire complex of 22 Dwellings
  • Strata registered for 22 lots
  • To be offered in one line
  • 650 metres to Parramatta Railway Station

On behalf of KordaMentha (Receivers and Managers Appointed) and RWC Western Sydney, are pleased to present Lots 1-22/ 26 Marion Street Parramatta for sale with guiding price of $8,500,000.00.

The property comprises of a nine (9) storey residential development containing 21 residential apartments completed in early 2020, and a retained cottage fronting Marion Street currently utilised for commercial purposes.

Strategically located in the thriving Parramatta CBD, ideal for investors looking for a diverse income stream or strata sell down groups. To be offered in one line, property is already strata registered.

Additional highlights of the property are outlined below:

• Apartment mix comprises of 18 x 1 bedroom and 3 x 1 bedroom + study

• To be offered in one line

• Strata registered for 22 lots

• Current passing income of $494,026* per annum

• Potential market rental of $676,200* per annum

• Ideal opportunity to capitalise on the current housing shortage & rising rental market

• High end finishes throughout with tiled living areas

• All units with balconies, dishwashers & split system air-conditioning

• 250* metres to Harris Park Railway Station

• 650* metres to Parramatta Railway Station

For more information, please contact the below exclusive selling agents.

Remember to mention you found this property on CommercialReady

Read More

Supporting Information

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Tenanted Investment

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26 Marion Street, Parramatta, NSW, 2150

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Property Location of 26 Marion Street, Parramatta, NSW, 2150

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26 Marion Street, Parramatta, NSW, 2150 Parramatta
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