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26 Marion Street, Parramatta, NSW, 2150

2. Property 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

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3. Property Location

26 Marion Street, Parramatta, NSW, 2150

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4. Due Diligence

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26 Marion Street, Parramatta, NSW, 2150 Parramatta
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