347-349 Parramatta Road Leichhardt NSW

Great Investment Property – 35 Residential Studios plus 2 Commercial Retail Shops – Overseas Owner Says Sell!

Sold

Block of Units

1
1
7

Completed in early 2006

There is exceptional high demand for these 35 studio apartments, all with en-suite bathroom, kitchenette with bar fridge and microwave – most with own balconies.

Average rent approximately $275.00 per week.
All long term tenants – 6 and 12 months lease minimum.
Parking for 7 cars.
Top units with the northeast aspect have City and Harbour Bridge views. Communal kitchen, lounge, dining area and deck.

Gross annual return – over $500,000.00

Includes 2 commercial shops – currently bridal wear and tailor/alteration businesses

Plus an apartment for the Resident Manager

Fabulous location, walk to shops, Coles, cafes, restaurants, transport and other amenities.

Excellent Long Term Investment Opportunity – Don’t Miss This !

Agent’s Interest

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