Entire Block of Six (6) Apartments with Rental Upside

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.

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