53/8 Hope Street

A rare and outstanding opportunity for savvy investors or SMSF buyers to secure a high-yield, fully managed investment in one of Sydney's fastest-growing corridors. This spacious three-bedroom apartment offers a true set-and-forget investment, professionally leased and managed by APX Apartments, offering a secure and consistent long-term rental return. With recent changes to SMSF lending rules taking effect from 10 August, eligible buyers are encouraged to act quickly to secure this outstanding investment opportunity before the deadline. Please note that this property is not suitable for owner-occupation or immediate move-in, as it is currently operating as the APX Hotel. However, it presents an excellent investment opportunity, offering a strong and reliable rental income stream with secure returns. To register and bid online, please click here: https://buy.realtair.com/properties/277560 Perfectly positioned opposite Rosehill Racecourse and moments from the upcoming Sydney Metro, the property enjoys seamless connectivity to Parramatta CBD, James Ruse Drive, WestConnex M4, and the Parramatta Light Rail. It is also conveniently located near local schools, childcare, Woolworths, and Parramatta Square - one of Australia's largest urban renewal precincts. Investment Highlights: - Approx. annual rental return: $29,589.84 ($2,465.82 per month) - Outgoings (approx.): Strata $2,113.65p/q | Council and Water Rates are all paid by the tenant - Spacious open plan living & dining area with air conditioning - 2 private balconies offering excellent natural light & cross ventilation - Modern kitchen with quality finishes & ample storage - Renovated bathroom plus ensuite to the master bedroom - 3 well-proportioned bedrooms, all with built-in wardrobe - Internal laundry room for added convenience - Resort-style complex featuring an in-ground pool & conference facilities, professionally managed by APX Apartments - Guaranteed rental return provides a secure, low-maintenance investment Whether you're expanding your portfolio or investing through a Self-Managed Super Fund, this is a rare opportunity to secure a strong, consistent income stream in a tightly held and rapidly evolving location. "Ray White Parramatta Group - Parramatta | Oatlands | Northmead | Greystanes | Wentworthville, its directors, employees and related entities believe that the information contained herein is gathered from sources we deem to be reliable. However, no representation or warranties of any nature whatsoever are given, intended or implied. Any interested parties should rely on their own inquiries."