315-323 Merrylands Road,
Merrylands, NSW 2160
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Map of 315-323 Merrylands Road
Modern Mixed-Use Apartment and Retail Complex
- 44 apartments
- 4 retail shops
- $1.45m+ passing income
On behalf of Costa Nicodemou of Newpoint Advisory as Receiver & Manager, the property is offered ‘in-one-line’ via an Expressions of Interest campaign closing at 2:00pm, Thursday, 10 October 2024.
Key investment highlights:
- 44 apartments and 4 retail shops within a modern development completed circa 2019
- Mixture of 1, 2 and 3 bedroom apartments all with parking
- Majority leased to NSW Land & Housing Corporation, a AAA rated Government tenant that has been in occupation since building completion
- Gross passing income exceeding $1,450,000 per annum
- Fully leased gross market income expected to exceed $1,530,000 per annum
- Basement parking for 69 cars
- Large internal areas with well apportioned layouts, superior in size to comparable developments
- Strata subdivided which gives ultimate flexibility and liquidity
- Within 400 metres* of Stockland Merrylands and 800m* of Merrylands Station
- Only 50 metres* to local bus routes and nestled between Holroyd, Parramatta and Guildford
- Situated in a competitive rental and sales market with strong anticipated rental yield and sales realisation
For further information don’t hesitate to contact the exclusive selling agents.
Key investment highlights:
- 44 apartments and 4 retail shops within a modern development completed circa 2019
- Mixture of 1, 2 and 3 bedroom apartments all with parking
- Majority leased to NSW Land & Housing Corporation, a AAA rated Government tenant that has been in occupation since building completion
- Gross passing income exceeding $1,450,000 per annum
- Fully leased gross market income expected to exceed $1,530,000 per annum
- Basement parking for 69 cars
- Large internal areas with well apportioned layouts, superior in size to comparable developments
- Strata subdivided which gives ultimate flexibility and liquidity
- Within 400 metres* of Stockland Merrylands and 800m* of Merrylands Station
- Only 50 metres* to local bus routes and nestled between Holroyd, Parramatta and Guildford
- Situated in a competitive rental and sales market with strong anticipated rental yield and sales realisation
For further information don’t hesitate to contact the exclusive selling agents.
Property ID: 504684224Last Updated: 28 Oct 2024
315-323 Merrylands Road
Merrylands, NSW 2160
Detailed listing
Colliers - SydneyLevel 30, Grosvenor Place, 225 George Street
SYDNEY, NSW 2000
SYDNEY, NSW 2000
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