Residential apartment block comprising of 16 apartments, each apartment is individually strata titled with secure on grade parking being offered for sale in one line.
Knight Frank in conjunction with Laing and Simmons Parramatta are excited to present for sale via an International Expression of Interest Campaign - 5-7 Windsor Road, Merrylands.
Investment Highlights:
16 Strata apartments offered in the one-line.
14 x 2 bed & 2 x 1 bed apartments
In suite laundry and storage available
Low vacancy block with minimal turnover
Large rental upside through rental increases
Current passing income of $457,080* per annum
Excellent location approx. 600m* from Merrylands train station.
Single level basement car park for 16 vehicles
Quality built apartment block with solid bones
Large land holding of 1,277 sqm*
Replacement value opportunity
The property is being sold via Expression of Interest closing Friday, 7 June 2024 at 4:00pm (AEST).
For more information, please contact the Knight Frank selling agents.
* Approximate