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Retail in Merrylands
Entire Block of Six (6) Apartments with Rental Upside
- Building: 1m²
- Land: 613m²
Ray White Commercial Western Sydney are pleased to present 46 Birmingham Street, Merrylands.
Remarkable opportunity to secure a fully leased entire block of six (6) apartments. The property has an existing annual rental income of $117,000 with potential rental upside to increase rents in line with market and current demand.
Additional highlights of the property are outlined below:
- Entire block of six (6) units
- Ideal unit mix (4 x 2 beds & 2 x 1 bed)
- Six (6) undercover car spaces
- Current passing income of $117,000* per annum
- Site Area: 613m2*
- Zoning R4 High Density Residential
- Bonus DA approval for two (2) additional apartments
- 600m* to Stockland Merrylands
- 950m* to Merrylands Train Station
- Moments to Parramatta CBD
- Perfect for investors, builders and self-managed super funds
- Realistic vendors
The property is offered for sale via Private Treaty.
For more information, please contact the below exclusive selling agents.
Building:
1m²
Land:
613m² / 0.15 acres
Zone:
R4 High Density Residential
Tenancy:
Tenanted
Categories:
Other, Retail, Offices
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