Entire Block Of Sixteen (16) Strata Titled Units To Be Sold In One Line

Entire block of 16 units to be sold in one line in the heart of the rapidly developing Merrylands town centre. Representing an opportunity to acquire 16 strata titled units with current passing income of $457,080 per annum with potential upside. The block contains a mix or one- and two-bedroom apartments and is located within close proximity to Stockland Merrylands and the station.

Investment Highlights:
-16 strata apartments to be sold in the one line
-Current Passing income of $457,080* per annum
-14 x 2 bedrooms
-2 x 1 bedroom
-Single level basement
-16 designated tenant parking spaces
-On-site visitor parking spaces and car wash bay
-Low vacancy block with minimal turnover
-Large rental upside through rental increases
-Excellent location approx. 600m* from Merrylands train station.
-Large land holding of 1,277 sqm*

In conjunction with Knight Frank

* Approximate