11/22-24 Tennyson Street
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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage
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About this property
Representing outstanding value, this huge third floor dual-key opportunity delivers the ultimate combination of flexibility, convenience, and strong rental return in a highly sought-after pocket of Parramatta. Offering two fully self-contained residences, a large one-bedroom apartment and separate studio apartment, this unique property is a perfect opportunity for investors chasing high yield or a first home buyer looking to offset their mortgage with immediate rental income. With a potential rental income of $980 per week and a 7.5% gross rental yield this will not last long. Property features: -Large 1-bedroom unit: -Spacious bedroom with built-in -Open plan living and dining space -Modern bathroom -Large kitchen -Secure basement parking with storage cage -Currently leased for: $550pw -Rental potential: $600pw Spacious studio: -Kitchenette -Light filled bedroom -Clever storage options -Modern bathroom -Currently leased for: $365pw -Rental potential: $380pw -Combined rental potential of $980pw -Currently returning $915pw -Secure parking -Well-maintained complex -105m2 in total -87m2 internal Location: -500m to Bus Stop -1km to Western Sydney University -1.6km to Doyle Ground -2.2km to Parra Square and -2.3km to Westfield Parramatta
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Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 2
- Parking
- 1
- Land Area
- 105m²
- Listed
- 2 months ago
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Contemporary Luxury Meets Serene Riverside Living
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